Punjab National Bank (International) Limited..

About Us

Punjab National Bank (International) Limited (PNBIL) was incorporated in UK on 13th April 2006 and registered with the Companies House in England & Wales under No. 5781326. PNBIL was Authorised by the Financial Services Authority (FSA) on 13th April 2007 (Baisakhi Day and exactly 112 years after PNB was incorporated) to conduct Banking Business in UK under Registration No. 459701. Complete details of the Authorisation are available at the FSA website . PNBIL is the wholly owned subsidary of Punjab National Bank(PNB), India. PNB is the third largest bank in India having more than 39 million customers and a network of over 4600 branches. All these branches are connected on Core banking Solution and providing anywhere, anytime banking service accross the length and breadth of the country. Today PNB provides tech - enabled banking services in India. PNBIL derives technology and banking support from this great strong insitution in India.

PNBIL started banking operations in UK on 10th of May 2007 from two locations. The corporate office and City branch was established at 87, Gresham Street, London EC2V 7NQ and a branch office at 90, South Road, Southall, Middlesex UB1 1RD. Third branch has been opened at Leicester at 160 Belgrave Road, Leicester LE4 5AU. The fourth branch has been opened at 290 Soho Road, Birmingham.

The services offered by us are outlined as under :

Remittances to India with free services to over 4,600 branches of PNB in India

Current account with no minimum balance for individuals.

Business accounts for Proprietorships, Partnerships, Companies, Trusts, Societies, etc.

Easy saving account

NRI & FCNR account with PNB Branches in India in Pound Sterling, US Dollar and Euros

Enquiry facility on your accounts with PNB in India

Attractive Fixed Deposit Accounts.

International Debit Card.

Internet Banking.

PNBIL in News!

Profile of the Directors

1.
Chairman, Punjab National Bank
Chairman (NED)

2.
Mr. Sukhdev Raj Sharma, MBA (Finance), CAIIB - Indian
Having 31 years of experience in Punjab National Bank. Has extensively worked in the Credit Departments of Bank, besides heading VLBs/ELBs. Has worked in various Circle Offices and in Information Technology Division and the Credit Administration Division of Corporate Office.
Managing Director & Company Secretary

3.
Mr. Muddoor Sadananda Nayak, MCom, CAIIB, DBF - Indian
A qualified professional from the field of Banking, having a vast experience of 36 years in Syndicate Bank (India and UK) and ICICI Bank in UK. He is well versed with the banking environment of UK having around 10 years of experience.
Executive Director

4.
Mr. Pendarell (“PEN”) Hugh Kent, MA (Hons) - British
Bank of England: Director for Financial Structure (Executive Director 1993-1997)
Current appointments: Strategic Rail Authority: Chairman (Chair Audit Committee)
Schroder & Co Ltd: Non- Executive Director
Euroclear UK Markets Advisory Committee: Chairman
F&C Capital and Income Investment Trust: Chariman
Non-Executive Director

5.
Mr. Paresh C Mashru, BSc (Math), FCA, - British
Member of Guild of International Bankers
Extensive experience of advising senior management of a wide range of financial institutions – including banks, insurance companies and brokers, securities and commodity traders, leasing and consumer finance companies, within the UK, US, Europe, Japan and South Asia. Specific expertise covered: M&A, Structured Finance, Transaction Services, Risk Management & Control, Litigation Support/Forensic, Audit Assurance/Regulatory
Non-Executive Director

6.
Mr. S.K Dubey MSc (Physics), CAIIB - Indian
General Manager (Treasury and International Banking) with Punjab National Bank. Has got 32 years of Bankingh includes assignments like Chief Manager VLB, Circle Head and a stint with PNB Guilts Ltd.
Non-Executive Director

All Current Accounts opened after 31st March 2010, will be required to maintain a Minimum Quarterlay Average Balance of £100. Failure to maintanin this during any quarter will attract a charge of £10 per quarter. To bring enhanced security in PNBIL Debit Card, we have requested customers to provide us Security information of Access Code and Memorable Word. Those who have not yet provided this information to us, are requested to provide immediately. For updated Account Terms & Conditions effective from 1st November 2009, please visit our Retail Banking Section. Send Money From UK To India at Attractive Exchange rate. Click on MONEY TRANSFER TO INDIA Link

PNBIL is a UK incorporated banking subsidiary of Punjab National Bank, India (PNB). PNBIL is Authorized and Regulated by the Financial Services Authority. PNBIL is a member of the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). PNBIL is authorised for accepting deposits by the Financial Services Authority (FSA).
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1.	Chairman, Punjab National Bank	Chairman (NED)
2.	Mr. Sukhdev Raj Sharma, MBA (Finance), CAIIB - Indian Having 31 years of experience in Punjab National Bank. Has extensively worked in the Credit Departments of Bank, besides heading VLBs/ELBs. Has worked in various Circle Offices and in Information Technology Division and the Credit Administration Division of Corporate Office.	Managing Director & Company Secretary
3.	Mr. Muddoor Sadananda Nayak, MCom, CAIIB, DBF - Indian A qualified professional from the field of Banking, having a vast experience of 36 years in Syndicate Bank (India and UK) and ICICI Bank in UK. He is well versed with the banking environment of UK having around 10 years of experience.	Executive Director
4.	Mr. Pendarell (“PEN”) Hugh Kent, MA (Hons) - British Bank of England: Director for Financial Structure (Executive Director 1993-1997) Current appointments: Strategic Rail Authority: Chairman (Chair Audit Committee) Schroder & Co Ltd: Non- Executive Director Euroclear UK Markets Advisory Committee: Chairman F&C Capital and Income Investment Trust: Chariman	Non-Executive Director
5.	Mr. Paresh C Mashru, BSc (Math), FCA, - British Member of Guild of International Bankers Extensive experience of advising senior management of a wide range of financial institutions – including banks, insurance companies and brokers, securities and commodity traders, leasing and consumer finance companies, within the UK, US, Europe, Japan and South Asia. Specific expertise covered: M&A, Structured Finance, Transaction Services, Risk Management & Control, Litigation Support/Forensic, Audit Assurance/Regulatory	Non-Executive Director
6.	Mr. S.K Dubey MSc (Physics), CAIIB - Indian General Manager (Treasury and International Banking) with Punjab National Bank. Has got 32 years of Bankingh includes assignments like Chief Manager VLB, Circle Head and a stint with PNB Guilts Ltd.	Non-Executive Director