Public Bank to open six more branches in Vietnam in 2018

KUALA LUMPUR: Public Bank Bhd plans to open another six new branches in Vietnam this year.
Managing director Tan Sri Tay Ah Lek said it opened six branches in Vietnam last year.
Public Bank Vietnam became a wholly owned subsidiary of Public Bank in April 2016.
"There is ongoing plan to expand its branch network and customer reach," he said at the bank's AGM today.
"Given the present operating environment in Vietnam, Public Bank Vietnam will continue to face keen market competition and challenges in building its pool of human resource," Tay added.
He said it will leverage on its established presence in Vietnam, and its strong understanding of local business condition and culture to address the challenges.
"Public Bank Vietnam will further intensify its efforts to attract and train local talents," Tay said.