Robust earnings drive Public Bank’s profit optimism

Quick Summary:

Public Bank Bhd posted strong third-quarter (3Q24) earnings and is optimistic of sustainable profitability, backed by its healthy capital and liquidity positions, coupled with resilient asset quality and prudent loan loss reserves.

Takaful Malaysia posts higher 3Q net profit of RM100.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: 3Q24Earnings Star Biz7 AssetQuality PublicBank Corporate News NetProfitGrowth InterestIncome LoanPortfolio /Business/Business News LiquidityStrength

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 00:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 129 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23953093

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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