Tengri Bank

JSC Tengri Bank (hereinafter - Bank) was founded in October 1992 as PB Danabankwith initial registered capital of 6 400 thousand rubles. For 24 years the Bank has been making progress on the financial activities of banking and other services provided by the banking legislation of the Republic of Kazakhstan, having passed all the tests at the same time functioning in a complex process of transformation of the economy associated with the transition to a market economy and competition in the financial services market. In August 28, 2006, the Bank completed reregistration due to change of registered office address and bringing the Charter of JSC Danabank in accordance with the laws of the Republic of Kazakhstan. The Head Office was relocated from Pavlodar to Almaty. In December 13, 2010, Punjab National Bank, India (Second largest Bank of India) acquired majority stake in Dana Bank. Punjab National Bank (the share fraction is 49%), is the largest government-owned bank of India, est...