Punjab National Bank (PNB) today announced that it has entered into an agreement with FIM Bank (Malta), Banca IFIS, Italy and Blend Financial Services, Mumbai, for setting up a joint venture (JV) company.
The aforesaid venture would provide factoring, forfeiting and trade finance related business.
PNB is India`s second largest PSU bank and mantains a dominant position in North India. PNB provides a wide variety of services, which include corporate and personal banking, industrial finance, agricultural finance, financing of trade and international banking
| NIFTY 
