Public Bank of Malaysia and Japanese banks Saitama Resona Bank and Kinki Osaka Bank have decided to join hands to promote and strengthen cooperation. Public Bank entered into an MoU with the two banks to jointly develop business opportunities on the basis of equality and mutual benefit. Saitama Resona Bank and Kinki Osaka Bank are units of Resona Holdings, which also owns Resona Bank, the fourth largest banking group in Japan. Public Bank said the business collaborations would strengthen the banking services support to the customers of Saitama Resona Bank and Kinki Osaka Bank, particularly in the markets where Public Bank has strong network presence namely Malaysia, Cambodia, Vietnam, Laos, Hong Kong and Sri Lanka.