Punjab National Bank celebrates 10 Years in the UK

May 10, London: Punjab National Bank (International) Limited, celebrated its tenth anniversary of incorporation and ninth anniversary of operations in the UK at the iconic Chelsea Old Town Hall, Central London. The bank began operating on May 10 2007 and is currently serving over 65000 customers across seven branches in Britain.

A key part of the celebration was a mesmerising musical performance by two Indian classical maestros: Pt. Partho Sarothy on the sarod, accompanied by Pt. Rajkumar Misra on the tabla.

The event was graced by esteemed customers of the bank, members of the Association of Indian Banks in the UK, staff members and their families.

PNB - Panjab National Bank (International limited)

Via a video message, Ms Usha Ananthasubramanian, Managing Director & CEO of the parent bank in India and Chairperson of PNBIL, extended her heartiest congratulations to all for being a part of the PNBIL Group and for their unwavering contributions to its growth. She further thanked the London team for shaping their organisation into an embodiment of good service, proficiency and heritage which the bank will continue to carry forward, partnering in the growth of the country.

Managing Director & CEO Mr Antanu Das thanked the esteemed guests for joining the Foundation Day celebration of PNBIL. He expressed his excitement at taking charge of PNBIL in London, the financial hub of the world in a period of considerable challenge for all banks. Speaking about the great opportunities and challenges, Mr Das commented, ‘The banks have been instrumental in contributing towards economic development and service to society and the expectations from the banks post-financial crisis make the role of all those involved in the banking sector ever more important. I am hopeful that PNBIL can play a key role in helping meet these significant challenges.

(l to r) Seema Malhotra, Antanu Das, Malcom G McCaig, CB Patel, Rami Ranger, Gursharan Kumar Chadha from S&J group
(l to r) Seema Malhotra, Antanu Das, Malcom G McCaig, CB Patel, Rami Ranger, Gursharan Kumar Chadha from S&J group

‘In the UK, we have set out to be a trusted name amongst the South Asian community and have grown progressively as a challenger bank,’ continued Mr Das. ‘In the coming years, we hope to further grow our customer base and services to become the one of the leading Indian origin banks in the UK. The bank believes in innovation and in good customer service, and accordingly keeps upgrading its products and services to meet the requirement of its customers.’ Mr Das proudly explained that the bank already has a range of products such as International Debit Cards, Retail and Corporate internet banking, attractive interest rates, Small Business Accounts and NRI Account Services, and offers free remittance for its customers to any Punjab National Bank branch in India.

 

He also highlighted that Punjab National Bank International Limited has a family-like environment for its staff members, who get ample opportunities to enhance their banking knowledge and skills. He thanked all the staff present for their hard work and good performance.

Finally commenting upon the support the bank has received from its customers during its ten years of growth, Mr Das said, ‘We are thankful to all our service users and customers for their continued support and patronage. We are committed to ensuring that we continue to be worthy of your support and trust.’

The event ended with a vote of thanks by Mr Sadananda Nayak, Chief Operating Officer and Executive Director of the bank.

 

About Punjab National Bank International Limited:

Punjab National Bank (International) Limited (PNBIL) was incorporated in the UK on April 13 2006 and registered with the Companies House in England & Wales under No. 5781326. PNBIL was authorised by the Financial Services Authority (FSA) on April 13 2007 (Baisakhi Day and exactly 116 years after PNB was incorporated) to conduct banking business in UK under Registration No. 459701. PNBIL is the wholly owned subsidiary of Punjab National Bank (PNB), India. PNB is one of the largest banks in India and serves more than 90 million customers throughout more than 7000 branches.

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