Press Release

Everest Bank’s 29th Branch at Kirtipur

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 the regions of the country. In this attempt, we have opened our 29th branch at Kirtipur on 19th December 2008. Mr Anil Sinha, DCM, Indian Embassy was the chief guest of the event. With the opening of the branch EBL has one of the largest branch networks among private sector commercial banks all connected with Anywhere Branch Banking Systems (ABBS).

The bank has 20 ATM counters, including one in Kirtipur and has expansion plans to many more locations. EBL debit card also has access to 125 ATMs in Nepal and more than 1500 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 recharge payment through mobiles, whereby EBL customer can now recharge their prepaid NTC (Namaste and Sky phones) through their mobiles itself. This the a service offered for the first time in Nepal.

Everest Bank is the first and the only bank in Nepal to open a representative office in India. The rep office facilitates the opening of the account of Nepalese from the identified branches of Punjab National Bank, India to any of the branches of Everest Bank Limited in Nepal and also facilitate in remitting the funds instantly with a very nominal charge.

It is a well-known fact that large numbers of people from Nepal have been moving abroad and remitting their earnings to the hometown. Thus with EBL’s more than 175 payout location, people can easily remit money to their home town through Everest Remit. Further with Everest Bank, customers can directly transfer money to the account of a person in India just like the way we use the ABBS facility in Nepal.

As a part of its expansion strategies EBL also plans to open branches at Surkhet and Tulsipur in the near future. 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.