About the Bank
Punjab National Bank (PNB) is an Indian multinational bank owned by the state. PNB was founded in the year 1894, in Lahore, now in Pakistan. Punjab National Bank is spread across 746 cities and has a network of 6635 branches and 8622 ATMs as on 30th September 2015, serving over 80 million customers.
PNB has many accolades under its name including the ‘IBA Banking Technology Award’ under ‘Best Risk Management Initiatives’ and ‘Agriculture Leadership Award 2015’ by Agriculture Today Group.
Since its inception, Punjab National Bank has undergone many changes in terms of structure as well as functioning. The predominant contributing factors in the success of this mammoth organization have been the numerous acquisitions and amalgamations that are prevalent in the bank’s rich history. Punjab National Bank enjoys a strong national presence including 5 offshore divisions in Asia, Africa, and Australia.
The Punjab national bank offers a wide variety of financial and banking services to its customers. Apart from its banking products like NRI banking, MSME, corporate, and personal services, Punjab National Bank is also a major presence in the rural and agriculture banking sectors. One of the largest employers in the banking industry in India, Punjab National Bank employs over 64000 people, offering various services like credit cards, Punjab National Bank car loans and others, mutual funds, cash management services, wealth management, investment banking, etc.