Centurion Bank of Punjab

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Centurion bank
Type	Public BSE:532273 NSE:CENTBOP, Luxembourg Stock Exchange
Founded	Panaji, 1994 (as Centurion bank)
Headquarters	Corporate Centre, 1201,Raheja Centre, Free Press Journal Marg, Nariman Point, Mumbai 400 021 India
Key people	Chairman: Mr. Rana Talwar,
Industry	Banking Insurance Capital Markets and allied industries
Products	Loans, Credit Cards, Savings, Investment vehicles, Life and General Insurance (Insurance) etc.
Website	www.centurionbop.co.in

The Centurion Bank of Punjab (formerly Centurion Bank) is an Indian private-sector bank, providing retail and corporate banking services.

[edit] History

1994:-

The company was incorporated on 30th June,1994 and the certificate of Commencement of Business on July 20th. It is promoted as a joint venture between 20th Century Finance Corporation Ltd, and its associates and Keppel Group of Singapore. It has got a network of ten branches. The main equity of the Bank was provided by the promoters, 20th Century Finance Corporation Ltd. & its associates and Keppel Bank of Singapore (now Keppel TatLee Bank Ltd.) through Kephinance Investment (Mauritius) Pte. Ltd.

1995

20th Century Finance Corporation Limited, has been amalgamated with Centurion Bank Limited.The Bank, set up in a fully computerised environment with ATM facility at every branch and Computer networking between branches can indeed claim to be a `Bank with a difference'. The Bank has introduced, for the first time in the country, the concept of `anywhere banking' which enables to operate the account from any other branch of the Bank.

2005

Boards of Directors of Centurion Bank and Bank of Punjab Ltd on June 29, 2005 approves merger of two banks. The combined bank is now called Centurion Bank of Punjab.

Centurion Bank of Punjab is one of the leading new generation private sector banks in India. The bank serves individual consumers, small and medium businesses and large corporations with a full range of financial products and services for investing, lending and advice on financial planning. It holds leadership positions in the two-wheeler loan and commercial vehicle loan segments, is a strong player in foreign exchange services, personal loans, mortgages, education loans and agricultural loans, and credit cards. Additionally the bank offers a full suite of NRI banking products to overseas Indians. The bank also offers its customers an array of wealth management products such as mutual funds and life and general insurance.

Centurion Bank of Punjab operates on a strong nationwide franchise of 403 branches and 446 ATMs across 143locations and is supported by over 5,000 employees. In addition to being listed on the major Indian stock exchanges, the Bank’s shares are also listed on the Luxembourg Stock Exchange.

Recently Centurion Bank of Punjab acquired Kochi based Lord Krishna Bank.