Lumbini Ceramics Ltd., the manufacturer of Laminar Tiles, has entered into a strategic agreement with Nabil Bank to provide channel financing facilities to its dealers nationwide. The partnership was officially signed by the company’s CFO, Prakash Poudel, and Nabil Bank’s Chief Business Officer, Tek Raj Bhatta. This collaboration is expected to simplify access to working capital for dealers and enhance overall inventory management.

Under the agreement, Nabil Bank will extend several exclusive benefits to Lumbini Ceramics’ dealers, including reduced loan fees, discounts on letters of credit (LC) and bank guarantees, 50% off corporate banking services, free SMS alerts, and complimentary credit cards for key dealer staff. Additionally, dealers will receive critical illness insurance, adding further value to the partnership.

The initiative aims to boost dealer liquidity, ease financial strain, and support the continued growth of Nepal’s expanding tiles sector.