Lumbini Ceramics partners with Nabil Bank to offer channel financing to dealers across Nepal

KATHMANDU: Laminar Tiles, manufactured by Lumbini Ceramics, has entered into a partnership with Nabil Bank to offer Channel Financing facilities to the company’s dealers across Nepal.

The agreement was signed in Kathmandu by Prakash Poudel, Chief Finance Officer of Lumbini Ceramics, and Tek Raj Bhatta, Chief Business Officer of Nabil Bank. Under the deal, dealers will gain easier access to working capital to manage inventory and strengthen day‑to‑day operations.

As per the agreement, Nabil Bank will extend a package of preferential services to participating dealers, including 0.5% loan administration fee, discounts on letters of credit and bank guarantee issuance, and 50% discounts on corporate mobile banking, safe‑deposit locker and POS terminal fees. Dealers will also receive free SMS transaction alerts, free credit cards for key personnel with limits of up to Rs 500,000, and critical illness insurance under the bank’s Nabil Care programme.

Both organisations said the collaboration is expected to improve dealer liquidity, reduce financial burdens and support the continued growth of Nepal’s tiles sector by making financing more predictable and accessible.

The Channel Financing facility is aimed at helping dealers scale operations more smoothly and strengthening the supply chain for Laminar Tiles nationwide.