Monday, January 18, 2010

Public Bank '09 earnings may beat forecast

Public Bank Bhd, Malaysia’s third biggest bank, may report 2009 earnings that exceeded “market projections,” HWANGDBS Vickers Research said in a report today.

“The results should reinforce the group as among the most leveraged to an economic recovery,” the research house said in a report today. Public Bank will likely meet its loan growth target, it said. -- Bloomberg

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