Everest Bank Limited is the

Commercial Bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with co ...

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is ma ...

. Which is joint venture of

Punjab National Bank Punjab National Bank (abbreviated as PNB) is an Indian public sector bank headquartered in Delhi. The bank was founded in May 1894 and is the second largest government-owned bank in India, both in terms of its business volumes and its network ...

, India which is India’s first Swadeshi Bank commenced its operation in 1895 from lahore. Punjab National Bank 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 122 branches,157 ATM Counters, 31 Revenue collection counter,s and 3 Extension counters across the country. The Board of Everest Bank Ltd. appointed Mr.Sudesh Khaling

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

as the first Nepali Chief Executive Officer

in its 25-year journey. Earlier, the bank had been appointing only Indian nationals as the

of the bank.

External links

Official Website

References

Economy of Nepal Banks of Nepal 1994 establishments in Nepal {{asia-bank-stub