Lumbini Ceramics Partners with Nabil Bank for Dealer Channel Financing
Summary
Lumbini Ceramics Ltd. has partnered with Nabil Bank to offer channel financing facilities to its dealers throughout Nepal, enhancing access to working capital and improving inventory management.
Key Points
- Lumbini Ceramics Ltd. signed an agreement with Nabil Bank to provide channel financing to dealers.
- The partnership aims to help dealers access easier working capital and better inventory management.
- Nabil Bank offers benefits like reduced loan fees, discounts on LC and bank guarantees, and free credit cards for key dealer staff.
- The collaboration seeks to boost dealer liquidity, reduce financial pressure, and support Nepal's tiles sector growth.
