Press Release

CMD of Punjab National Bank Visits Kathmandu

August 5, 2010

05th August,2010

Chairman and Managing Director (CMD), Punjab National Bank, India, Shri K.R. Kamat visited Kathmandu on 05th August, 2010. He along with Chairman of Everest Bank Limited, Mr B.K. Shrestha, called on Governor, Nepal Rastra Bank, Mr Yubaraj Khatiwada. Discussion was held on banking scenario in Nepal. CMD PNB offered to extend expertise on training farmers in Nepal for which Governor NRB showed positive interest. CMD PNB also offered to share experience particularly in the field of mutual fund, debt syndication. The CMD assured to bring better risk management and IT (Information Technology) skills  as also best corporate governance practices in Everest Bank Limited based on experience of PNB in these areas.

CMD PNB also called on the Indian Ambassador H.E. Rakesh Sood. During the Meeting CMD, PNB highlighted the strength of EBL as a commercial bank and the positive help being extended by PNB to EBL.