KUALA LUMPUR: Public Bank Bhd’s (PBB) key priority continues to be on its asset quality with a strong credit culture instead of loan expansion, according to AmBank Research.
As of end-March, the research house said that PBB’s common equity tier-1 (CET-1) stood at 12.9%, which appeared to be conservative with significant provisions set aside resulting in a higher loan loss coverage, including regulatory reserves ratio of 244.1% than its peers.
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