Thursday, March 10, 2011

Public Bank #1

Malaysia's Top 10
Ranked by average score
1. Public Bank
2. Nestlé (Malaysia)
3. DiGi
4. Maxis
5. Genting
6. Maybank
7. CIMB Group Holdings
8. Petronas Gas
9. Malaysia Airlines
10. Astro
..Customer deposits grew at an annualized rate of 12.2%. Public Bank, Malaysia's third-largest lender by assets behind Malayan Banking Bhd. and CIMB Group Holdings Bhd., also amped up its Tier 1 capital ratio while touting a dramatically lower impaired-loans ratio at 1.2%, versus 3.4% for the industry overall.

CIMB Group this year makes a new showing on the Asia 200 list, with a No. 7 ranking. The company, which is involved in investment holding, property management and consulting, is the second-largest company on the Malaysian stock exchange after Maybank Banking and has a presence in much of southeast Asia as well as China, the U.K. and the U.S. For the first half of the year, the company saw net profit rise 35%, fueled by its consumer bank PBT as retail banking and credit cards picked up.

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