Press Release

Everest Bank inaugurates 32nd branch in Lagankhel

July 9, 2009

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 32nd branch at Lagankhel which is inagurated by Mr. Kush Kumar Joshi, President, FNCCI.  The bank currently is providing banking services through 50 points viz.  32 branches, 5 revenue collection counters, 13 authorized representatives in VDCs through “Everest- Ghar Dailo Banking Sewa, a branchless banking system.

The bank also inaugurated its 29th ATM at the premises. Mr. Naresh Kumar Shrestha, President, Lalitpur Chamber of Commerce inaugurated the ATM. With the debit card facility the customers of EBL can access over 190 SCT Network ATMs in Nepal and over 2000 PNB ATM locations in India. EBL customers going to India need not carry cash but simply withdraw with EBL Debit cards through PNB ATMs.

As a part of its expansion strategies EBL also plans to open branches at Maitidevi, Thame in Kathmandu Valley and Tulsipur at Dang in the near future. Further as part of “Everest – Ghar Dailo Banking Sewa”, a branchless banking system, the bank plans to extend it to villages near Nepalgunj. The bank believes that its expansion to these strategic locations would adhere to its objective of serving the middle and lower section of the society.