Public Bank sees minimal credit exposure to US tariff risks


KUALA LUMPUR: Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

Managing director and chief executive officer Tan Sri Tay Ah Lek said the bank acknowledged shareholders’ concerns over the ongoing uncertainty surrounding US trade policies and their implications on Malaysia’s economy and the bank.

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