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Public Bank posts RM1.4bil net profit in Q4


KUALA LUMPUR: Public Bank Bhd posted lower earnings in the fourth quarter, as income from its key retail banking and hire purchase business declined.

The group said pre-tax profit contributions from its retail business fell 13.4% on lower fees and higher impairment allowance, while its hire purchase business suffered a 5% drop on reduced net interest margin.

Corporate News , Banking , Public Bank

   

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