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www.pbebank.com Public Bank Berhad ( MYX : 1295 ) is a bank based in Kuala Lumpur , Malaysia , offering financial services in Malaysia as well as the Asia-Pacific region. The bank was founded in 1966 by Teh Hong Piow , the then general manager of Malayan Banking .
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A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners.It is an enterprise under government control. [1] Prominent among current public banking models are the Bank of North Dakota, the Sparkassen-Finanzgruppe in Germany, and many nations' postal bank systems.
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The Malaysian Electronic Payment System (MEPS) is an interbank network service provider in Malaysia.In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet).
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