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.
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%
External links
References
- Home everestbankltd.com^
- Sudesh Khaling assumes office as CEO of Everest Bank today 24 September 2021^
- https://nepalstock.com.np/company/detail/134^