EBL to give cash dividend KATHMANDU: Everest Bank Ltd (EBL) board of directors has recommended 30 per cent bonus shares and 30 per cent cash dividend subject to permission from Nepal Rastra Bank and EBL’s AGM. It has also approved the profit and loss account and balance sheet for the financial year that ended on July 16. The bank increased its net profit by 37 per cent — in comparison to the preceding year — to Rs 638.7 million and its deposits also increased by 31 per cent and advances by 30 per cent during the financial year 2008-09. The NPA of the bank is at 0.48 per cent. — HNS EBL’s 35th branch KATHMANDU: Deputy governor of Nepal Rastra Bank Bir Bikram Raymajhi inaugurated the 35th branch of Everest Bank Ltd (EBL) at Thamel on Thursday. The bank provides banking services through 60 points viz. 35 branches, five revenue collection counters, 20 authorised representatives in VDCs through Everest Ghar-Dailo Banking Sewa, a branchless banking system, said the bank that also inaugurated its 31 ATM counters on the premises. EBL debit card has access to more than 350 ATMs in Nepal and more than 2000 ATM locations in India. — HNS