Everest Bank Limited was registered on November 17, 1992 and come into operation on October 18, 1994 with an objectives

of extending professionalized and efficient banking services to various segments of the society. The bank had an initial paid up capital of Rs 3 Crore. Today the bank has grown to become one of the leading banks in Nepal. PNB joined hands with EBL as a Joint Venture in 1997 and turned it around to a highly profitable bank. There has been no looking back since then. PNB provides top management support under the Technical Service Agreement. Punjab National Bank (PNB), joint venture partner one of the largest nationalized bank in India having 114 years of banking history, holds 20% Equity. 50% of the shares are owned by the local promoters, 20% by our joint venture partner Punjab National Bank, India and 30% of the shares are owned by the general public.

Temporary Current Assets

Short Term Financing Requirement

Permanent Current Assets Debt Plus Equity Plus Spontaneous Financing Fixed Assets

1

2

3

4

5

6

Time Period

Temporary Current Assets Short Term Non Spontaneous Debt Financing Permanent Current Assets Long Term Debt Plus Equity Plus Spontaneous Financing Fixed Assets 1 2 3 4 5 6 Time Period .

Temporary Current Assets Temporary Current Assets Permanent Current Assets Total Permanent Assets Short Term Non Spontaneous Debt Financing Long Term Debt Plus Equity Plus Spontaneous Current Liabilities Fixed Assets 1 2 3 4 5 6 Time Period .