Press Release

The Seventeenth Branch of Everest Bank steps in Itahari

September 18, 2005

The more places we reach, the more smiles we deliver. After making our presence felt at New Baneswor, New Road , Satungal, Butwal, Bhairahawa, birgunj, Simara, Biratnagar, Duhabi, Teku, Dhangadhi, Pulchowk, Janakpur, Lazimpat, Pokhara, we have opened our 17th branch at Itahari, Sunsari in an endeavor to provide banking facilities to large and well spread out sections of the society.Mr. Shiva Raj Shrestha, Chief Manager, NRB inaugurated the branch at a function attended by various other dignitaries of Sunsari.




Applauding the outstanding performance of the bank over the years and the immense progress in retail lending sector made by the bank, Mr. Shrestha Expressed his appreciation for following the NRB guidelines meticulously




 “We at EBL, have always endeavored in enriching and beautifying the lives through our innovative products and services suiting the needs and requirement of our customers and with this objective in view we have come to serve the people of Itahari” said Mr. DVSSV Prasad, Executive Director of the bank.




Mr. Tirtha Gautam, the president of Chamber of Commerce of Itahari hailed the bank’s attempt to open a branch at Itahari, Sunsari and underlined the need to spread the banking wings to the rural areas for encouraging banking habits among the individuals who are deprived of the quality service and diversified products of the commercial banks.




Everest Bank Limited (EBL) was established in 1994 and started its operations with its first branch at Naya Baneshwar Katmandu. With a objective of establishing a professional banking standards, EBL joined hands with Punjab National Bank (PNB), the largest public sector bank in India as it’s joint venture partner in India in 1997. Everest Bank is one of the fastest growing private banks, serving its valued customers through a network of 17 branches with the opening of Itahari branch and over 250 correspondents around the globe. All the major branches are interconnected through Anywhere Branch Banking Systems (ABBS), a facility which enables its customers to do banking transactions from any of these branches irrespective of their having accounts in the other branch. The bank’s EBL Debit Card can be accessed through more than 50 ATM centers associated with SCT network and around 150 Point of Sales.




Recognizing the value of offering a complete range of services not only to corporate but also to individuals, EBL has pioneered in the banking sectors in extending various customer friendly products like Home Loan, education loan, EBL Flexi Loan, Loan against Future Lease Rentals and Home Equity Loan, car loan, loan against shares and loan against insurance policies etc., thus helping people realize their dreams.