# Public Bank Berhad / MyPB

> Source: https://docs.barcoder.ai/docs/wallets/public-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Public Bank — official](https://www.pbebank.com/)

## Overview

**Public Bank Berhad** is **Malaysia #3 by assets** + **Teh Hong Piow founding family controlling** <sup>[1][1], [2][2], [Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup>. **2025 baseline**: **MyPB App distinctive Malaysian banking app** + **4.1% MyPB total active users growth 2025** + **52.3% mobile banking transactions growth 2025** (higher mobile banking adoption); **Aug 15 2025 Public Bank PB engage MY app retirement** → full transition to MyPB App for enhanced mobile banking features + security; Public Bank 6-country international footprint (Malaysia + Hong Kong + China + Laos + Cambodia + Vietnam + Sri Lanka).

**Distinctive Public Bank positioning**:
- **Malaysia #3 by assets** (after [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) + [CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb))
- **Teh Hong Piow founding family controlling** (Teh Hong Piow = Malaysian banking pioneer + Public Bank founder; passed away Dec 12 2022; founding family heritage continues)
- **MyPB App distinctive Malaysian banking app** + **4.1% MyPB total active users growth 2025** + **52.3% mobile banking transactions growth 2025**
- **Aug 15 2025 Public Bank PB engage MY app retirement** → full transition to MyPB App for enhanced mobile banking features + security (Aug 15 2025 PB engage MY app no longer accessible)
- **MyPB App refreshed user interface + enhanced security + lifestyle services beyond banking** distinctive Malaysian banking innovation
- **MyPB App PBe login credentials + PB SecureSign Push Notification** distinctive Malaysian banking migration
- **Aug 6 1966 Public Bank founding by Teh Hong Piow** → distinctive Malaysian banking heritage
- **2018 Public Bank acquires Pos Money** + **2025 Public Bank Vietnam expansion announcement** (post-Public Bank Vietnam strategic Vietnamese banking entry)

## History

**Aug 6 1966 — Public Bank founded by Teh Hong Piow** in Malaysia → distinctive Malaysian banking heritage.

**1967 — Public Bank IPO on KLSE (Kuala Lumpur Stock Exchange)**.

**2010 — PB engage MY mobile banking app launches**.

**2024 — MyPB App launches** as Public Bank's next-generation Malaysian banking app.

**Jun 2025 — Public Bank announces PB engage MY app discontinuation** by end-Jun 2025 → full transition to MyPB App.

**Aug 15 2025 — Public Bank PB engage MY app fully retired** → users must migrate to MyPB App <sup>[3][3], [4][4]</sup>.

**2025 — MyPB App 4.1% total active users growth + 52.3% mobile banking transactions growth** <sup>[2][2]</sup>.

## Ownership & operator

**Operating entity**: **Public Bank Berhad (KLSE: PBBANK)**.

**Major shareholders**: **Teh Hong Piow founding family + Consolidated Teh Holdings + Malaysian institutional + Malaysian + ASEAN retail public float + Employees Provident Fund (EPF Malaysian state pension)** (distinctive Malaysian banking founding family controlling).

**Regulator**: **BNM (Bank Negara Malaysia)**.

## Technical integration

**MyPB App distinctive Malaysian banking app** (iOS + Android; refreshed user interface + enhanced security + lifestyle services beyond banking + 4.1% MyPB total active users growth 2025 + 52.3% mobile banking transactions growth 2025) + pbebank.com online + Public Bank cards (Visa + Mastercard + MyDebit) + Public Bank Malaysian + 6-country international branch network; DuitNow QR + RENTAS Malaysian RTGS + Malaysian ACH; **PB SecureSign Push Notification** distinctive Malaysian banking authentication; **Aug 15 2025 Public Bank PB engage MY app retirement** → full transition to MyPB App.

## Users & growth

**2025**: MyPB App 4.1% total active users growth + 52.3% mobile banking transactions growth; **Aug 15 2025 Public Bank PB engage MY app fully retired** → users must migrate to MyPB App.

## Use cases

Malaysian + Hong Kong + Chinese + Laotian + Cambodian + Vietnamese + Sri Lankan retail + private + corporate + SME + investment + Islamic banking via MyPB App + pbebank.com online + cards + branches; DuitNow QR + RENTAS Malaysian RTGS + Malaysian ACH; **Aug 15 2025 Public Bank PB engage MY app retirement** → MyPB App migration.

## Implementations & partners

**Operator**: Public Bank Berhad (KLSE: PBBANK); **Teh Hong Piow founding family + Consolidated Teh Holdings + EPF Malaysian state pension**.

**Subsidiaries**: **Public Bank Vietnam** + **Public Bank Cambodia** + **Public Bank Laos** + **Public Bank Hong Kong** + **Public Bank China** + **Public Bank Sri Lanka** + **Public Investment Bank Berhad** (Malaysian investment banking subsidiary) + **Public Islamic Bank** (Malaysian Islamic banking subsidiary).

**Major Malaysian banking competitors**: [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Malaysia #1 by assets + Khazanah ~64% controlling + Maybank2U) + [CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb) (Malaysia #2 by assets + Khazanah ~26% controlling + CIMB OCTO 110M+ monthly transactions FY2024 +70% YoY + 18M consumer banking clients across 5 ASEAN markets + 1,080 branches across ASEAN) + RHB Bank (Malaysia #4 by assets) + Hong Leong Bank + AmBank Malaysia + Affin Bank Malaysia + Alliance Bank Malaysia.

**Regulator**: BNM.

## Fun facts

- **Malaysia #3 by assets** (after [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) + [CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb)).
- **Teh Hong Piow founding family controlling** (Teh Hong Piow = Malaysian banking pioneer + Public Bank founder; passed away Dec 12 2022; founding family heritage continues).
- **MyPB App distinctive Malaysian banking app** + **4.1% MyPB total active users growth 2025** + **52.3% mobile banking transactions growth 2025**.
- **Aug 15 2025 Public Bank PB engage MY app retirement** → full transition to MyPB App for enhanced mobile banking features + security.
- **MyPB App refreshed user interface + enhanced security + lifestyle services beyond banking** distinctive Malaysian banking innovation.
- **Aug 6 1966 Public Bank founding by Teh Hong Piow** → distinctive Malaysian banking heritage.

## Comparison

| Feature | Public Bank Berhad / MyPB | [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Malaysia #1 by assets rival; Khazanah ~64% controlling; Maybank2U) | [CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb) (Malaysia #2 by assets rival; Khazanah ~26% controlling; CIMB OCTO 110M+ monthly transactions FY2024) | RHB Bank (Malaysia #4 by assets rival; RHB Mobile Banking app + Malaysia's first banking widget) | Hong Leong Bank (Malaysia rival; HLB Connect Online + Mobile Banking App) |
|---|---|---|---|---|---|
| Operator | **Public Bank Berhad (KLSE: PBBANK; Teh Hong Piow founding family controlling)** | Malayan Banking Berhad (Maybank; KLSE: MAYBANK; Khazanah ~64% controlling) | CIMB Group Holdings Berhad (KLSE: CIMB; Khazanah ~26% controlling) | RHB Bank Berhad (KLSE: RHBBANK) | Hong Leong Bank Berhad (KLSE: HLBANK) |
| Type | **Malaysia #3 by assets + Teh Hong Piow founding family controlling + MyPB App + 4.1% MyPB MAU growth 2025 + 52.3% mobile banking transactions growth 2025 + Aug 15 2025 PB engage MY app retirement → MyPB App migration + 6-country international footprint** | Malaysia #1 by assets + Maybank2U Malaysian banking flagship + 18 ASEAN + global countries + Maybank Indonesia + Maybank Singapore + Maybank Philippines + Maybank Cambodia | Malaysia #2 + regional ASEAN universal bank + 18M consumer banking clients across 5 ASEAN markets + 11M digitally active Mar 2025 + 1,080 ASEAN branches + CIMB OCTO 110M+ monthly transactions FY2024 (+70% YoY) | Malaysia #4 by assets + RHB Mobile Banking app + Malaysia's first banking widget + targeting 1M users by end of year (from 500K) + "Progress 27" digitalisation strategy + Jun 18 2025 smarter mobile banking experience launch | Hong Leong Bank Malaysia + HLB Connect Online + Mobile Banking App + Oct 17 2025 biometric (face ID + fingerprint) verification |
| Country | MY + HK + CN + LA + KH + VN + LK | MY + 17+ countries | MY + 5+ ASEAN countries | MY + 9+ countries | MY + 3+ countries |
| Distinctive | **Aug 6 1966 Public Bank founding by Teh Hong Piow (Malaysian banking pioneer); 1967 KLSE IPO; Teh Hong Piow founding family controlling; 2010 PB engage MY app launch; 2024 MyPB App launch; Jun 2025 PB engage MY app discontinuation announcement; Aug 15 2025 PB engage MY app fully retired → MyPB App migration; PB SecureSign Push Notification authentication** | 1960 Maybank founding; Khazanah ~64% controlling | 1924 Bian Chiang Bank founding (Sarawak); Jan 1 2006 Bumiputra-Commerce Holdings + CIMB merger → CIMB Group; 2008 CIMB Niaga + Bank Lippo Indonesian merger | 1913 RHB Bank founding heritage + multiple Malaysian banking consolidations | 1905 Hong Leong Bank founding heritage |

## Status

**Active, Malaysia #3 by assets + Teh Hong Piow founding family controlling + Aug 15 2025 Public Bank PB engage MY app retirement → full transition to MyPB App** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **Public Bank Berhad (KLSE: PBBANK; Teh Hong Piow founding family controlling)** since Aug 6 1966 Public Bank founding by Teh Hong Piow + 1967 KLSE IPO + 2024 MyPB App launch + Aug 15 2025 PB engage MY app fully retired.
- **MyPB App 4.1% total active users growth + 52.3% mobile banking transactions growth 2025**.
- **6-country international footprint** (Malaysia + Hong Kong + China + Laos + Cambodia + Vietnam + Sri Lanka).
- **BNM regulated**.

## Sources

[1]: https://www.pbebank.com/en/digital-banking/mobile-banking/mypb-app/ "MyPB App | Secure Mobile Banking & Digital Lifestyle — Public Bank Malaysia"
[2]: https://www.publicbankgroup.com/news-update/media-release/ "Media Release — Public Bank Group"
[3]: https://my.priceshop.com/en/news/public-bank-retire-pb-engage-my-app-15-august/ "Public Bank to Retire PB engage MY App Starting 15 August — Price Shop Malaysia"
[4]: https://www.lowyat.net/2025/360214/public-bank-pb-engage-my-app-no-longer-accessible-15-august-2025/ "Public Bank's PB engage MY App No Longer Accessible From 15 August 2025 — Lowyat.NET"
[my-cro]: https://docs.barcoder.ai/docs/payments/MY

- [1] [MyPB App | Secure Mobile Banking & Digital Lifestyle — Public Bank Malaysia][1]
- [2] [Media Release — Public Bank Group][2]
- [3] [Public Bank to Retire PB engage MY App Starting 15 August — Price Shop Malaysia][3]
- [4] [Public Bank's PB engage MY App No Longer Accessible From 15 August 2025 — Lowyat.NET][4]
- <sup>[Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup> In-corpus: `reports/countries/MY-malaysia.md`

## Source

Biography extracted from [public-bank.md](https://docs.barcoder.ai/source/wallets/public-bank). See `matrix.md` for standards-support matrix if present.