Background of Public Bank and Security Threats Problem

Public Bank Malaysia was established in 6 August 1966 by Tan Sri Dato’ Sri Dr. Teh Hong Piow, and was listed on the Kuala Lumpur Stock Exchange (KLSE) on 6 April1967 (Public bank corporate profile, n.d.). The headquarters of the bank is situated in Kuala Lumpur, the capital city of Malaysia. According to Public Bank Corporate Profile (n.d.), the Public Bank Group is the third largest banking group in Malaysia with total assets of RM274.62 billion at the end of 2012, and ranked number six by asset size in Southeast Asia. Public Bank also known as the largest non-government-linked corporation in Malaysia (Public Bank Corporate Profile, n.d.). Data retrieved from http://1-million-dollar-blog.com/2011-ranking-of-malaysian-banks-based-on-assets-size-market-capitalization/. The mission of Public Bank is to â€Å"sustain the position of being the most efficient, profitable and respected premier financial institution in Malaysia† (Public bank corporate profile, n.d.). 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