KUALA LUMPUR: Public Bank Bhd
is targeting to approve a total of RM50bil of housing loans and RM40bil of small and medium enterprise (SME) loans in the next three years, said its founder and chairman emeritus Tan Sri Teh Hong Piow.Teh said in a press release that the move was to support the government’s efforts to promote home ownership and SME businesses in the country.
“One of Public Bank’s key focus in the area of sustainability is responsible lending, particularly in providing financing for first time home buyers and supporting the financing needs of the SME segment,” he said in a statement.
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