Banking > Islamic Banks
null Public Islamic Bank
Public Islamic Bank
Public Islamic Bank is a wholly owned subsidiary of Public Bank, which commenced its operations on 1 November 2008.
Public Islamic Bank had since 1993, offer Islamic banking products and services to the public when it started as a window via Public Bank. We contribute to the Islamic banking field as a whole, focusing on consumer and retail financing, small and medium enterprises as well as financing and deposit taking business.
The fast pace development and growing acceptance by Malaysians regardless of race and religion calls for banking products and services that are not only Shariah compliant but also competitive. Public Islamic Bank’s competitive deposit and financing products are those that meet the call.
As one of the key players in the Islamic banking industry and not to mention the top 5 Islamic banks in Malaysia, Public Islamic Bank have grown strong and steady standing on strong capital growth from RM30 million in 1993, to RM3.6 billion as at 31 December 2016.
Public Islamic Bank has the added advantage in reaching out and meeting the needs of its customers as we leverage on Public Bank's solid branding and its large network of 259 Public Bank branches across the nation, in addition to its full-fledged Islamic branches at Kg Baru, Kuala Lumpur and Putrajaya.
Our impressive track record is backed and lead by our esteemed Board of Directors and the Shariah Committee who always ensure that Public Islamic Bank is on the right track, not only towards profitability and stability, but also in compliance with Shariah principles.
Public Islamic Bank offers full Shariah-compliant banking solutions that meet your needs. At any stage of life you are in; whether to save or to seek financing, we provide banking products and services that suit and ease life's demands. Explore our products and bank with us or visit your nearest branch.
RAM Ratings reaffirmed PIBB’s AAA/Stable/P1 financial institution rating in May 2017. The rating is premised on the high level of integration between PIBB’s operations and those of its parent, Public Bank.
Area of Services
Asset quality has remained one of the industry’s strongest, bearing testimony to its prudent credit culture and highly diversified retail- based financing portfolio.