Everest Bank
Nepalese commercial bank
From Wikipedia, the free encyclopedia
Everest Bank Limited is a commercial bank of Nepal which is a joint venture of Punjab National Bank, India which holds 20% equity shares of Bank. It is the first Nepalese bank which has a 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.
| |
| Company type | Public company |
|---|---|
| NEPSE: 137 | |
| Industry | Banking, financial services |
| Founded | 1994 |
| Headquarters | Lazimpat, Kathmandu, Nepal |
Number of locations | 127 branches |
Area served | Nepal |
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, |
| Website | www |
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]
Ownership structure
The Bank currently has a paid-up capital of 13.7 billion Nepalese rupees (as of FY 2025/26).[3]
- Promoter Group - 59.23%
- General Public - 40.77%
