Press Release

Everest Bank inaugurates its 37th branch in Kalimati

July 4, 2010

04th July 2010

Everest Bank inaugurates its 37th branch in Kalimati In an endeavor to provide banking facilities to large and well spread out sections of the society, we have strived to establish our branches in all regions of the country. In this attempt, we have opened our 37th branch at Kalimati, Kathmandu District. Now the bank is providing banking services through 75 points viz.  37 branches, 5 revenue collection counters, 33 authorized representatives in VDCs through “Everest Ghar-Dailo Banking Sewa, a branchless banking system. Mr Bir Bikram Raymajhi, Dy. Governor, NRB, inaugurated the branch at the event. The bank also inaugurated its 33rd ATM at the premises. EBL debit card also has access to more than 600 ATMs in Nepal and more than 3500 ATM locations in India where by EBL customers going to India need not to carry cash but simply withdraw through EBL debit cards. Everest Bank is the first and the only bank in Nepal to start branchless banking system-“Everest Ghar-Dailo Banking Sewa”. This service is unique delivery channel in banking services to facilitate rural people in banking with the help of sophisticated technology. This service is branchless banking service through point of transaction (POT) machine by using smart cards. At present, the service is being provided by our B/O Baglung, B/O Bhaktapur B/O Nepalgunj and B/O Birtamod through 33 Business Correspondent. Mobile Banking (Bank on Wheel) was introduced since September 2007 for the first time in Nepal As a part of its expansion strategies EBL also plans to open additional three branches in the near future.