Everest Bank Limited is the
Commercial Bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit.
It can also refer to a bank or a division of a larger bank that deals with whol ...
of
Nepal
Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ...
which is joint venture of
Punjab National Bank
Punjab National Bank alias PNB is an Public sector banks in India, Indian government bank based in New Delhi. It was founded in May 1894 and is the List of banks in India, second-largest public sector bank in India in terms of its business volum ...
, India which holds 20% equity shares of Bank. It is the first Nepalese Bank which has Representative Office in India. 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
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
in its 25-year journey. Earlier, the bank had been appointing only Indian nationals as the
CEO
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of the bank.
External links
Official Website
References
Economy of Nepal
Banks of Nepal
1994 establishments in Nepal
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