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Public Bank wins the 'Best Bank in Malaysia' award for the 15th year in a row

KUALA LUMPUR: Public Bank Bhd has won the 'Best Bank in Malaysia' award from Alpha Southeast Asia at its 15th Annual Financial Institution (FI) Awards recently.

This was the 15-year consecutive recognition under the same category, the bank said in a statement today.

Public Bank also won the 'Best Retail Bank in Malaysia' award for the third year in a row, with the previous two awards coming in 2020 and 2018, respectively, when the award was first introduced.

"It is an honour to be bestowed with these two awards by Alpha Southeast Asia," Public Bank founder, chairman emeritus, director and adviser Tan Sri Teh Hong Piow said.

"All the triumphs and achievements over the last 55 years came with great efforts, resulting in Public Bank being recognised in the industry as the brand that is synonymous with excellence in line with our corporate tagline, 'Excellence Is Our Commitment'.

"The bank has gained a reputation for its integrity, trust and good governance, which drives its business through knowledge, expertise, hard work and focus on customer service driven by a sustainable approach.

"Values such as integrity, trust and prudence are ingrained in our DNA and have been practised consistently throughout Public Bank," he said.

Alpha Southeast Asia was established in January 2007 and is the first, and only institutional investment magazine based in Hong Kong focused on Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam).

Unlike most mainstream financial magazines, the winners of the annual FI awards are not necessarily the biggest banks by asset size but awarded based on performance and growth over the past year.

The awards are also exclusively and categorically open to only locally incorporated banks and financial institutions or banks headquartered in Southeast Asia.

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