Everest Bank presented with the NICCI Excellence Award
June 20, 2006During the 9th /10th /11th Annual General Meeting of Nepal India Chamber of Commerce & Industry (NICCI), four institutions were presented the “NICCI Excellence Award” under four Categories – Large Industries, Medium Size Industries, Service & Small Sector Industry and Finance Sector.
As per the financial result on Jestha 2063, the bank has recorded a growth of 21 percent in the operating profit amounting to Rs. 435 million as compared to the corresponding period last year. The Deposit and Advances have grown by 41 percent and 26 percent respectively resulting in a total business of around Rs 24 billion. The bank has one of the lowest NPA in the banking Industry, thus reflecting effective credit management of the bank. Everest Bank Limited (EBL) is one of the premier banks in Nepal, providing efficient and customer-friendly services through a network of 18 branches and over 250 correspondent banks across the globe. The Bank has branches in Biratnagar, Duhabi, Itahari, Janakpur, Birgunj, ICD-Birgunj, Simara, Pokhara, Butwal, Bhairahawa and Dhangadi, besides seven branches within Kathmandu Valley. The bank is providing ATM servces to its customers through more than 50 ATMs in the country and 800 Point of Sales (POS). Similarly, the bank has been conscious of its social responsibilities by extending support to the disabled, poor people, victims of natural disaster. In its continued commitment towards enriching and enabling the lives of the general people, the bank has recently organized blood donation campaign bringing together about 100 donors to participate in this noble cause of “GIVE BLOOD SAVE LIFE”.
