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Punjab National Bank buys majority stake in JSC Dana Bank

State-run Punjab National Bank said on Monday it has bought 63.64% stake in JSC Dana Bank, Kazakhstan for 3.5 billion Tenge or $23.76 million.

Punjab National Bank buys majority stake in JSC Dana Bank

State-run Punjab National Bank said on Monday it has bought 63.64% stake in JSC Dana Bank, Kazakhstan for 3.5 billion Tenge or $23.76 million.                  

As part of the transaction, Punjab National Bank has bought 35 million shares of JSC Dana Bank, it said in a statement to the stock exchange.

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