Public Bank (Hong Kong) Limited

Background

Public Bank (Hong Kong) Limited (“Public Bank (Hong Kong)” or the “Bank”) is a commercial bank registered under the Banking Ordinance of Hong Kong and under the supervision of the Hong Kong Monetary Authority ("HKMA"). Public Bank (Hong Kong) was formerly known as Asia Commercial Bank (“ACB”) and was incorporated in 1934. In May 2006, Public Bank Berhad (“Public Bank”) of Malaysia, through its subsidiary, Public Financial Holdings Limited (“Public Financial”), acquired 100% interest in ACB and subsequently changed its name to Public Bank (Hong Kong) Limited in June 2006 to reflect its association with Public Bank. In October 2008, Public Finance Limited (“Public Finance”) which is engaged mainly in provision of personal and commercial lending, became a wholly owned subsidiary of the Bank as part of the group’s reorganisation. The shares of Public Financial are listed on The Stock Exchange of Hong Kong Limited (Stock Code: 626), and the shares of Public Bank are listed on Bursa Malaysia. Further information of Public Bank can be viewed at its corporate website (www.pbebank.com).

Principal Activities and Ratings

Under the Public Bank Group umbrella, Public Bank (Hong Kong) focuses on the expansion of its retail and commercial banking businesses and on building its brand name through branch expansion programme, innovative product development and aggressive marketing strategies. The Bank has ratings of A3 long-term and Prime-2 short-term foreign currency and local currency deposit ratings assigned by Moody’s Investors Service. The outlook for all the ratings is stable.

Branch Network

Public Bank (Hong Kong) provides a comprehensive range of banking and financial services and is committed to serve its customers in Hong Kong and Mainland China via an extensive branch network. Currently, the Bank has 30 branches in Hong Kong, 1 branch and 4 sub-branches in Shenzhen and a representative office each in Shanghai and Shenyang in the People’s Republic of China. The Bank will continue to expand its branch network to serve the customers and public at large wholeheartedly with high quality services.