Punjab National Bank (PNB) is the second largest government bank in India. The PNB is also the largest branch network in India with more than 3.5 crores customer. It also offers specialized solutions and financial services in number of sectors. The personalized facilities and services make it a trusted name in the field of banking.
The Bank was registered under the Indian Companies Act on 19 May 1894 and its first office was set up at Anarkali Bazaar in Lahore. Since then, the bank has become a big name in the field of banking and is very greatly preferred by the customers for the wide range of its services. Today, the bank has approximately 4,904 branches in about 764 cities all over India. The bank has many subsidiary banks in the UK, Hong Kong, Dubai and Kabul and also the representative office present at Almaty, Dubai, Oslo and Shanghai.
It has also stand with the big bank as State Bank of India, ICICI and Canara Bank. PNB has also been the recipient of many prestigious awards due to its high standard facilities and services. By the recent survey of Bankers Almanac in London, the Bank has ranked at 248th biggest bank all over the globe. The Economic Times has also ranked the bank at 38th among 500 premier companies and 9th among the most trusted brands in India.Punjab National Bank has total assets about US$60 billion for the financial years 2007.
The bank has worked 5, 80,300 employee. There are many services provide by the bank like Savings Fund Account, Fixed Deposit scheme, Current account and Loan services etc. Some of well known services provide by the bank are Personal Banking, Corporate Banking, Agriculture finance services, Industrial finance services, Trade financial services and International banking services.