RAM Ratings reaffirmed the AAA/Stable/P1 financial institutionratings of Public Bank Bhd.

The rating agency said April 26 that the reaffirmation reflectsthe bank's sustained excellent asset quality and strong capital position. PublicBank also has healthy profitability, while its funding and liquidity position hasremained within the rating agency's expectation.

RAM Ratings expects the bank to uphold its strong asset qualitygiven its prudent credit culture. The bank's funding position is underpinned byits strong retail deposit base.