“During these trying times, the group had undertaken multiple proactive initiatives in its business strategies and placed greater emphasis on risk management and productivity,” said Public Bank Group founder and chairman emeritus Tan Sri Teh Hong Piow. (pic)
KUALA LUMPUR: Public Bank Bhd
saw improvements in its core lending and deposit-taking business during the nine-month period ended Sept 30, 2021, posting a 15% increase in net profit to RM4.28bil compared with RM3.72bil in the previous corresponding period.
The group’s cumulative revenue for the three quarters was 4.05% lower at RM14.76bil compared with RM15.39bil in the same period in 2020.
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