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Everest Bank marked its 29th anniversary with felicitation of 28 number of staffs with more than 25 years of service in the bank & organized various CSR activities at Head Office, Lazimpat. Most of the employees along with customers actively participated in the program. More than 200 employees of the bank participated in the event. Amidst a special function, Mr. Sudesh Khaling Chief Executive Officer of the bank felicitated the 28 staffs with more than 25 years of service in the bank.
Bank under CSR handed the cheque of Rs. 5.00 Lacs to M/s. Kopil Valley Sewa Samaj Surkhet. Mr. Keshab Prasad Poudel Deputy General Manager of the bank handed the cheque to Dr. SP Kalaunee Country Representative of M/s. BlinkNow Foundation on behalf of M/s. Kopil Valley Sewa Samaj Surkhet in presence of Mr. Puspa Raj Uprety Head-Marketing & Institutional Deposit & Ms. Alina Karki Marketing Officer of the bank & Ms. Ashrina Ranjit-Partnerships Manager of M/s. BlinkNow Foundation.
Founded in 1994, EBL, as a joint venture partner with Punjab National Bank India, presently has Customer Base of over 13 Lacs, one of the highest in the industry. Presently the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 branches, 3 Extension Counters, 7 Provincial Offices, 162 ATMs, 32 Revenue Collection Counters and also through its widest global network.
The 29th Annual General Meeting of Everest Bank Limited (EBL) was held on 2080-06-30.
The general meeting approved the financial statement, balance sheet, profit and loss account, cash flow statement, and annual report for the same time, as well as the auditor’s report.
For the fiscal year 2079-80, the general meeting approved a resolution to distribute 10 % bonus shares and 10.53 % cash dividend (including bonus share tax) to shareholders.
As the present issued and paid-up capital will increase when the bank distributes the planned bonus shares, the general meeting approved a motion to alter the memorandum of association to enhance the issued and paid-up capital.
The general meeting of the bank has unanimously passed the decision to appoint Mr. N. Amatya & Co., Chartered Accountants as auditors for the year 2080-81.
Everest Bank Limited Manigram branch in coordination with its Provincial Office Lumbini organized a Financial Literacy Program & alsohanded over 55 QR Codes to the drivers associated with M/s. Nepal Auto Tempo & E-Rickshaw Yatayat Pvt Ltd.
Conducted in chairmanship of Mrs. Jageshwor Devi Chaudhary Deputy Mayor of Tilottama Municipality Mrs. Chaudhary stated that the financial literacy & QR code distribution shall help the locals of Manigram to understand banking & its easy access to the society while Mr. Khaling CEO of the bank stated that distribution of more than 55 QR Codes to the drivers of tempo & e-rickshaw shall enable them for promotion of their business, cashless transactions & assure such programs shall be organized regularly. Further, he stated that bank shall always be upfront in helping & developing the entrepreneurs.
Mr. Satendra Raj Subedi Head Nepal Rastra Bank Siddharthanagar, Bhairahawa& Mr. Puspa Raj Uprety Head-Marketing & Institutional Deposit Department of EBL conducted the financial literacy-rational program females entrepreneurs of the Lumbini Krishi Tatha Thok Upaj Bazar, Tillitoma-5, Manigram& stated that the habit of saving shall be helpful in the future to overcome contingent difficulties. Further, the QR Code was distributed in coordination with FonePay where in Mr. Diwas Sapkota CEO of FonePay was also present in the event.
Mr. Ramesh Dumre Chairman of ward no 5 Tilottama Municipality, Mr. Seshkanta Bhusal, President & Mr. Khadga Bahadur KC Secretary of M/s. Nepal Auto Tempo & E-Rickshaw Yatayat Pvt Ltd, Tilottama, Mr. Shanker Pokharel, Head-Digital Banking, Mr. Harish Acharya Chief Manager, Mr. Lava Prasad Kuikel Provincial Manager Lumbini Province of the bank, Mr. BimalBhusal Branch Manager of Manigram Branch & other senior officials of the bank along with other dignities of the society were present in the event.
Since its inception, EBL bank has been the first choice of customers and has more than 1.3 million satisfied customers and it has been providing state-of-the-art mobile, internet and cash banking facilities through its global network with its 127 branch network, 3 extension counters, 7 regional offices, 162 ATMs spread across the country.
This bank has also been providing services from 32 collection centers for the revenue collection of the Government of Nepal.
Everest Bank Limited signs Financial Closure of consortium agreement with Kajaria Ramesh Tiles Limited, Nepal’s largest tiles manufacturing 50:50 joint venture between Kajaria Ceramics Limited & Ramesh Corp., in presence of member banks. The member banks of the project are Nabil Bank, Nepal SBI Bank &Prabhu Bank.
Amidst a special function organized at EBL House Lazimpat Mr. Sudesh Khaling CEO Everest Bank & Mr. Rohit Gupta Vice Chairman of Ramesh Corp. executed the agreement. Under the consortium financing Rs. 300 crores shall be financed by the banks for the project value at approximately 400 crores.
With a visionary commitment to making Nepal self-reliant in the production of vitrified tiles and ceramics, Kajaria Ramesh Tiles Limited, has embarked on a Greenfield project for tile manufacturing in Nepal. This ambitious venture is conducted as an equal joint venture with Kajaria Ceramics, India’s foremost and the 7th largest tile manufacturer in the world. The state-of-the-art manufacturing plant, situated in the Nawalparasi district, will emerge as Nepal’s largest tile production facility with an impressive 8 million-square meter production capacity. The cutting-edge modern technology, aligning with international standards shall be used to ensure that the products are of unparalleled quality.
Since its inception, EBL bank has been the first choice of customers and has more than 1.3 million satisfied customers and it has been providing state-of-the-art mobile, internet and cash banking facilities through its global network with its 127 branch network, 3 extension counters, 7 regional offices, 162 ATMs spread across the country.
This bank has also been providing services from 32 collection centers for the revenue collection of the Government of Nepal.
On September 29, 2023 Everest Bank Limited and Nirvana Physiotherapy & Wellness Center, Lazimpat, has signed a MoU wherein the center will offer special discount up to 25% on IPD-Advanced/Manual/Cupping/Laser Physiotherapy, Acupressure, Acupuncture, Moxibustion, Osteopathy, Neuro-Musculo-Skeletal & Cardio-Pulmo pain management, Overall Holistic Well Being (Osteo, Yogic & Marma) to the customers, card holders, mobile banking users, staffs & their family members of EBL.
The MoU was signed & exchanged by Mr. Bishnu Prasad Gautam, Head Retail-SME of EBL & Mr. Rajul Shrestha, Managing Director of the Wellness Center. Mr. Puspa Raj Uprety, Head-Marketing & Institutional Deposit, Ms. Alina Karki Marketing Executive of the bank & Mr. Swarnim Suwal, Operation & Marketing Director of the center were also present in the function.
EBL presently has millions of Customer Base and the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127Branches, 3 Extension Counters, 7 Provincial Office 32 Revenue Collection Counters, 162 ATMs and also through its widest global network.
On 12th September 12, 2023 Everest Bank Limited and Om Hospital & Research Center Pvt Ltd, Chabahil, has signed a MoU wherein the hospital will offer special discount up to 10% on IPD-Diagnostics, Pharmacy and Physiotherapy& 5% discount on Dental Services to the customers, card holders, mobile banking users, staffs & their family members of EBL.
The MoU was signed & exchanged by Mr. Sudesh Khaling, CEO of EBL and Mr. Yam Bahadur Mahat CEO of the hospital. Mr. Puspa Raj Uprety, Head-Marketing & Institutional Deposit, Ms. Alina Karki Marketing Executive of the bank & Mr. Binod Adhikari, Business Development Manager of the hospital were also present in the function.
EBL presently has millions of Customer Base and the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 Branches, 3 Extension Counters, 7 Provincial Office 32 Revenue Collection Counters, 162 ATMs and also through its widest global network.
On 29th August, 2023 Everest Bank Limited and Himalaya Drishya Resort has signed a MoU wherein the resort will offer special discount i.e. 10% discount on food & beverages to the cardholders, mobile banking users and employees and their family members of the bank.
The MoU was signed & exchanged by Mr. Vijay Kumar Sharma, DCEO of EBL and Ms. Babita Pandey, Associate Director Sales & Marketing, Himalaya Drishya Resort Hotel. Mr. Puspa Raj Uprety, Head-Marketing & Institutional Deposit, Ms. Alina Karki Marketing Executive of the bank & Mr. Saujanya KC Marketing Executive of the resort were also present in the function.
EBL presently has millions of Customer Base and the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 Branches, 3 Extension Counters, 7 Provincial Office 32 Revenue Collection Counters, 162 ATMs and also through its widest global network.
In its efforts to provide modern banking facilities to customers of different sections of the society, Everest bank is providing its banking services through 127 branches across the country.
Citizens of Nepal are going to get an excellent offer from Everest Bank Limited during the upcoming festival season of Teej, Dashain, Tihar and Chhath for which bank has launched “EVEREST FESTIVE BONANZA – 2080”.
The offer starts from 1stBhadra’ 2080,where customers are offered low rate of interest on loans and discounted processing/service charges.
As per bank’s Deputy General Manager (DGM) Mr. Gaurav Kumar, housing loan starts from fixed interest rate of 10.74%. Further, 100% bank finance is available for construction of new house.
During this festival season, EBL is offering vehicle loan at a nominal fixed rate of 10.99% and 80% finance on electric vehicles.
Loan against shares and properties for personal use or business is also offered at attractive rates.
For SME business growth or agriculture purpose, EBL is offering loans starting at a very nominal rate of base rate+1.5%.
The offer will end in 3 months So, DGM Mr. Gaurav Kumar urged customers to please contact their nearest branch of Everest bank and avail the attractive offers.
EBL, a joint venture partner with Punjab National Bank India, presently has Customer Base of over 13 Lacs, one of the highest in the industry. Presently, the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 branches,7 Provincial Offices, 3 Extension Counters,162 ATMs, 32 Revenue Collection Counters and also through its widest global network.
Everest Bank, a joint venture partner with Punjab National Bank India, has collaborated with Fonepay, Nepal’s largest payment network and launched the first of its kind offline digital payment solution, also known as “FoneTAG” in Nepali market. FoneTAG is an offline payment solution that enables customers to make merchant payments by presenting NFC tag or a CPQR code (customer presented QR code) from mobile banking app even in areas with limited or no internet connectivity.
The limit for offline transactions is Rs. 5000 per transaction. The service is accessible to all Everest Bank customers through their mobile banking app.
Expressing his excitement on this initiation, Ashutosh Sharma, Deputy General Manager of Everest Bank said, “Through this service, Everest Bank has added new dynamism to customer convenience and undertaken the much needed customer centric approach to address one of the prominent issue in digital payments. FoneTag’s seamless integration into our banking ecosystem empowers our customers to embrace a secure and convenient digital payment experience, underscoring Everest Bank’s dedication to staying at the forefront of technological advancements. We are excited to embark on this journey with FonePay and bring a new era of effortless and secure transactions to the forefront of banking in Nepal.”
Equally elated on this collaboration, Diwas Kumar Sapkota, CEO of Fonepay, said. “Fonepay is proud to launch its groundbreaking offline digital payment solution, Fonetag, aligning with our commitment to innovation and convenience. We extend our heartfelt gratitude to Everest Bank for joining hands with FonePay to introduce the revolutionary offline payment solution in Nepal. This collaboration exemplifies the power of unity and shared vision, and we look forward to collectively shaping a cashless future that benefits individuals and businesses across the nation.”
EBL, a joint venture partner with Punjab National Bank India, presently has Customer Base of over 13 Lacs, one of the highest in the industry. Presently the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 branches, 3 Extension Counters, 7 Provincial Offices, 162 ATMs, 32 Revenue Collection Counters and also through its widest global network.
In its efforts to provide modern banking facilities to customers of different sections of the society, Everest bank has inaugurated its 127thbranch at Janakpur Sub-Metropolitan City Ward No. 4 Murali Chowk.
Mr. Suresh Jha – Chairman of Janakpur Sub-Metropolitan City Ward no 4 & Mr. Vijay Kumar Sharma, Deputy Chief Executive Officer Everest Bank Ltd inaugurated the branch amidst a special function in presence of Mr. Bibhuti Neupane Provincial Manager Madhesh Province Everest Bank Ltd &other dignitaries of the society.
Mr. Jha – Chairman of Janakpur Sub-Metropolitan City Ward no 4 stated that the financial access of the people will be easier & enhanced with the presence of EBL in the region. Likely, Mr. Vijay Kumar Singh Deputy Chief Executive Officer of the bank in the function assured that people of Murali Chowk & Janakpur region can get modernized &qualitative banking facilities from the newly opened branch. Further, he added that due to the joint venture with Punjab National Bank India customers can easily & conveniently receive the remittance through EBL. It is also the 2nd branch of the bank in Janakpur. With this new branch the total number of branches of EBL at Madhesh Province have reached to 14.
EBL, a joint venture partner with Punjab National Bank India, presently has Customer Base of over 13 Lacs, one of the highest in the industry. Presently the Bank is rendering professionalized & efficient banking services through its wide domestic network of 127 branches, 3 Extension Counters, 7 Provincial Offices, 162 ATMs, 32 Revenue Collection Counters and also through its widest global network.