Punjab National Bank recently opened its sixth branch in United Kingdom. The bank has been operating in UK for 4 years now.
On the occasion the Managing Director of the bank Mr. S R Sharma "The bank has more than 22,000 customers and total business (customer deposits and advances) of nearly $1.20 billion. The bank is expecting a growth of 30-35% in its customer business during the current financial year, ending March 2011."
The bank has plans to open few more in branches in UK in near future. Further the bank expects a healthy growth of 30-35 percent in the current Financial Year.