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Laminar Tiles manufactured by Lumbini Ceramics Ltd. partners with Nabil Bank for “Channel Financing”

NIMB
Himalayan Bank
NATIONAL LIFE INSURANCE COMPANY LIMITED

Kathmandu, Nepal –  Laminar Tiles manufactured by Lumbini Ceramics Ltd. and Nabil Bank Ltd. have signed an agreement to offer Channel Financing facilities to its dealers nationwide.

The Agreement was signed by Mr. Prakash Poudel, Chief Finance Officer of Lumbini Ceramics Ltd. and Tek Raj Bhatta, Chief Business Officer of NABIL Bank Ltd. at Kathmandu.

Through this partnership, dealers will gain easier access to working capital, helping them manage inventory smoothly and strengthen their business operations. Nabil Bank will also provide several exclusive benefits, including a 0.5% loan administering fee, discounts on LC and bank guarantee issuance, 50% discounts on corporate mobile banking, safe-deposit lockers and POS machine fees, along with free SMS transaction alerts, free credit cards for key personnel of dealers (limit up to NPR 500,000), and critical illness insurance under Nabil Care.

Both organizations expect the collaboration to enhance dealer liquidity, reduce financial burden and support the continued growth of Nepal’s Tiles sector.

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