Tan Sri Teh Hong Piow
His vision is to help the bank overcome a variety of problems with profitability in three of the economic crisis. At the height of the stock market in the 1980s, the central bank warned that the banking sector is not too eager to provide loans for projects tall buildings that housed the offices. When the recession hit and cause real estate developers haunted by financial problems due to excess demand for office space, Public Bank survivors carry the burden of payable debt.
During the economic crisis
of 1997-1998, Public Bank was well prepared. The strategy then was to promote
housing loans in which the rate is lower than the other sector. Public Bank
also invests in new markets such as Vietnam, Myanmar, Sri Lanka, Laos and Cambodia.
This enabled him to get a lot of recognition and awards both local and
international.
However, the
millionaire is still not satisfied. In his opinion the success of an
entrepreneur or corporate leaders considered absolute when all the achievements
that have provided the basis for business development in the long term.
Therefore, success is a journey and not an end and not be complacent at all to
greater success.
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