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History

JSC "Tengri Bank" (hereinafter - Bank) was founded in October 1992 as PB “Danabank”with 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, established in 1895 and providing service to around 87 million clients across over 6000 various offices. It has branches and representative offices in large cities of the world. As of today, Indian Punjab National Bank is the strongest among banks on safety, reliability and banking, retaining the tradition of stable and modern bank.

In June 27, 2011, JSC “Danabank” was renamed as Joint-Stock Company "Subsidiary bank "Punjab National Bank" - Kazakhstan".

In January 27, 2016, in view of change in the Charter of JSC “SB” PNB”-Kazakhstan” the Bank was renamed as Joint-stock company “PNB Kazakhstan Bank”.

In march 9, 2016, in the framework of the new development strategy JSC “PNB Kazakhstan Bank” changed its name to JSC “Tengri Bank”.    

The Bank is a financially sound commercial bank, has branches in cities of Almaty, Karaganda, Temirtau, Pavlodar and Astana. In addition to this, in the near future, the Bank intends to open branches in other regions of Kazakhstan. The Bank is a member of the Association of Banks of the Republic of Kazakhstan Association of Financiers of Kazakhstan, the Kazakhstan Guarantee Fund (insurance), deposits of individuals, the Kazakhstan Mortgage Guarantee Fund, the Kazakhstan Stock Exchange.

The Bank is a universal commercial bank providing a wide range of services, such as opening of accounts, transfer operations, trade finance, lending, financial leasing, issuance of bank guarantees, exchange transactions, deposits of individuals and legal entities, settlement and cash services, collection services and other operations under the license provided by the National Bank of the Republic of Kazakhstan.  

The main strategic objective of the Bank - to be versatile, rapidly growing financial institution with a high degree of reliability, contributing to the success of its customers and providing them quality service.

The license for conducting banking and other operations was issued by the National Bank of the Republic of Kazakhstan dated 9 February 2017, №1.1.159.