Everest Bank Explained

Everest Bank
एभरेष्ट बैंक
Foundation:1994
Area Served:Nepal
Num Locations:127 Branches
Type:Public company
Key People:Mr.B.K Shrestha (Chairman)
Mr Sudesh Khaling CEO
Products:consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards,

Everest Bank Limited is the Commercial Bank of Nepal which is joint venture of Punjab National Bank, India which holds 20% equity shares of Bank. It is the first Nepalese Bank which has Representative Office in India.[1] The bank has a wide network of 127 branches,162 ATM Counters, 32 Revenue collection counters and 3 Extension counters and many correspondents across the globe.

The Board of Everest Bank Ltd. appointed Mr. Sudesh Khaling as the first Nepali Chief Executive Officer CEO in its 25-year journey. Earlier, the bank had been appointing only Indian nationals as the CEO of the bank.[2]

External links

Notes and References

  1. Web site: Home . everestbankltd.com.
  2. Web site: Sudesh Khaling assumes office as CEO of Everest Bank today . 24 September 2021 .