Public Bank Berhad - Company Profile
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Public Bank Berhad (PBB) provides retail banking and commercial banking services. Adequate capital, non-interest income and product and service portfolio asset quality are some of the strengths of the company, even asset quality geographical concentration of Domestic operations could be considered as a cause for concern. The growing market for payments channel in Malaysia, strategic initiatives economy and the emergence of FinTech could offer ample growth opportunities to the bank. However, concerns related to emergence of Neobanks, competition covid-19 pandemic affecting financial stability, prolonged low-interest-rate environment, and risks related to online identity theft and hacking could pose various challenges to the bank.
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