Press Release

Everest Bank inaugurates 35th branch in Thamel

September 10, 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 35th branch at Thamel. The bank currently is providing banking services through 60 points viz.  35 branches, 5 revenue collection counters, 20 authorized representatives in VDCs through “Everest Ghar-Dailo Banking Sewa, a branchless banking system. Mr. Bir Bikram Raymajhi, Deputy Governor, Nepal Rastra Bank, inaugurated the branch at the event.

The bank also inaugurated its 31 ATM counters at the premises. Mr Surendra Kumar Shrestha , President of Thamel Tourism Development Council, inaugurated the ATM. EBL debit card also has access to more than 350 ATMs in Nepal and more than 2000 ATM locations in India where by EBL customers going to India need not carry cash but simply withdraw through EBL Debit cards

The bank has recently launched e-ticketing system, first time in Nepal. Through the system, EBL customer can book and purchase yeti-air ticket through internet. Similary, EBL customer can recharge their prepaid NTC (Namaste and Sky phones) through their mobiles itself. This is a service offered for the first time in Nepal.
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 and B/O

Nepalgunj through 20 Business Correspondent.
“Everest – Ghar Dailo Banking Sewa”, a branchless banking system, the bank plans to extend it to all terai branches. 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.