 
Financials of the merged entity- Centurion Bank of Punjab
The cost of deposit of BoP were lower than Centurion, while Centurion had a net interest margin of around 5.8%,. The net interest margin of the merged entity will be at 4.8%.
The combined entity will have net non performing assets (NPAs) of about 3.6 per cent as per performa March 2005 data. Centurion banks net NPAs as on 31 March 2005 stood at 2.49 per cent while for Bank of Punjab the figure stood at 4.6 per cent.
The combined entity will have adequate capital adequacy of 16.1 per cent to provide for its growth plans. Centurion banks capital adequacy on a standalone basis stood at 23.1 per cent while for Bank of Punjab the figure stood at 9.21per cent.
The Performa net worth of combined entity as at March 2005 stood at Rs 696 crore with Centurion's net worth at Rs 511 crore and Bank of Punjab's net worth at Rs 181 crore, and the combine entity (Centurion Bank of
Punjab) will have total asset 9,395 crore, deposit 7,837crore and operating profit 43 crore.
The merged entity will have a paid up share capital of Rs 130 cr and a net worth of Rs 696 cr.
The merged entity will have 235 Branches & extension counters, 382 ATMs and 2.2 million customers .
Merger of Centurion Bank and Bank of Punjab... Click here
Highlights of the merger ... Click here
Share holding pattern of Centurion Bank of Punjab ... Click here
Gains from the merger ... Click here
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