KL Market

PBBANK - Public Bank Berhad News

• 07-Sep-2010 - Unclear how loan-to-value ratio will impact loans growth
  PETALING JAYA: The impact of any lower loan-to-value ratio (LVR) for mortgages on the banking system loans growth is still unclear, but analysts do expect loans growth to take a hit if the measure is pushed through.
  
  
• 21-Jul-2010 - Public Bank net profit jumps 20% for Q2
  KUALA LUMPUR: Public Bank Bhd's net profit jumped 20.2% to RM734.1mil for the second quarter ended June 30, from RM610.7mil a year ago, on the back of strong loans and deposits growth and improved asset quality.
  
  
• 13-Jul-2010 - Foreigners hold 26% of PBB shares
  KUALA LUMPUR: Public Bank Bhd (PBB) announced yesterday that 26.62% of its issued shares were held by foreigners.
  
  
• 01-Jun-2010 - Gross financing to private sector higher in April
  PETALING JAYA: The country's gross financing to the private sector via the banking system and capital market was higher in April at RM71.4bil compared to RM68.8bil in March, supported by higher demand from business sector.
  
  
• 16-May-2010 - Vital to fast forward HLB-EON Cap deal
  THE banking system is always sensitive to changes and Hong Leong Bank's (HLB) offer to buy the assets and liabilities of EON Capital Bhd (EON Cap) should be expedited smoothly to ensure that banking operations proceed well into the long term.
  
  
• 16-May-2010 - Analysts positive on earning results from banking sector
  PETALING JAYA: Analysts are expecting positive results from the banking sector for the first quarter, starting with Public Bank Bhd which kicks off the latest reporting season tomorrow.
  
  
• 09-May-2010 - Public Bank and Nor Mohamed win awards
  KUALA LUMPUR: Public Bank Bhd and Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop were handed the Evolutionary Award and Visionary Award respectively under the Six Heritage Hall Awards.
  
  
• 05-May-2010 - Public Bank wins four FinanceAsia awards
  PETALING JAYA: Public Bank Bhd emerged top of the list in four categories of a poll by financial publication FinanceAsia for Malaysia.
  
  
• 17-Apr-2010 - Further rise in Public Bank earnings expected
  PETALING JAYA: Analysts expect Public Bank Bhd's earnings to accelerate further in the coming quarters, with the management looking ?comfortable? about growing its loan book and taking more risk.
  
  
• 16-Apr-2010 - Public Bank Q1 profit up on strong income growth
  KUALA LUMPUR: Public Bank Bhd's net profit for the first quarter ended March 31 rose 16.3% to RM685.2mil from RM589.3mil in the previous corresponding period mainly due to strong growth in net interest and financing income, higher non-interest income and lower loan impairment allowances.