Public Bank 3Q net profit up 13% to RM1.19bn
- 7 years ago
Public Bank the country's third-largest banking group, expects the net interest margin compression in the local banking industry to persist as competition for market share for both loans and deposits remained intense. Public Bank founder and Chairman, Tan Sri Dr Teh Hong Piow said despite facing these challenges, the group is expected to maintain its earnings momentum for the rest of the year.