to open office in London
12 July 2003
Delhi: Punjab National Bank (PNB) has said that it
will soon be setting up a representative office in London.
The London office is expected to become functional before
of the end of this month.
bank also plans to open two more representative offices
in Shanghai and Dubai, which are expected to become operational
during the current financial year.
already has a representative office at Almaty, Kazakhstan.
The long-term plan of the bank is to convert such offices
into full-fledged branches or subsidiaries.
also has a joint venture with Everest Bank Ltd, Nepal.
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