Everest Bank inaugrates 28th Branch at Golfutar (Kathmandu)November 4, 2008
With the opening of this Branch Everest Bank Ltd. (EBL) has the largest branch network among private sector commercial Banks. EBL was one of the first Banks to have all the branches connected with ABBS (Anywhere Branch Banking System). EBL’s ATM debit card has access to not only 150 ATMS in Nepal but also to more than 1500 ATMs of Punjab National Bank in India.EBL has a substantial share in the incoming foreign exchange remittance from abroad. The disbursement takes place not only through its own 28 branches but also through additional pay out locations spread all over Nepal to more than 150 such locations.
The Bank is scheduled to open further branches at Kirtipur in the Valley and Tulsipur in West soon.EBL is the only Bank in Nepal to have a full fledged Representative Office in India duly approved by NRB as well as RBI. The Representative Office among others, facilitates the opening of a bank account in any of EBL’s branch by a Nepalese in India through any of the identified branches of PNB and further facilitates in remitting the funds instantly.