Capital Bank Kazakhstan JSC signs memorandum of intentions to acquire Tengri Bank JSC from Punjab National Bank, Alfiya Kuanysheva, Azhmat Alimov, Rinar Rakhimov, Myrzatai Ydyrys, and Almat Bekzhanov.

Punjab National Bank is one of the largest Indian commercial bank. Income breaks down by activity as follows: - business banking (35%); - treasury banking (34.2%); - retail banking (28.1%); - other (2.7%). At the end of March 2022, the group had INR 7,281.9 billion of current deposits and INR 1,462.2 billion of current credits. Products and services are marketed through a network of 10,098 branches located in India.