Mon, Mar 3, 2025
Money
Asian Paints Nepal, Nabil bank ink deal to provide ‘channel financing’
Dealers can now access funds at competitive interest rates, empowering them to navigate the economic downturn more effectively.
bookmark
Post Report
Published at : June 12, 2023
Updated at : June 13, 2023 07:43
Kathmandu
Asian Paints Nepal and Nabil Bank recently joined hands to support the channel partners of Asian paints across Nepal to give them the benefit of ‘Channel Financing’.
The MoU was signed by Gopalakrishnan G, Country Director Asian paints Nepal and Gyanendra Prasad Dungana, CEO of NABIL Bank at an event in Kathmandu.
Channel Financing is a programme that offers crucial liquidity support from banks, providing a much-needed boost to businesses that have a challenge to manage working capital in these challenging times.
Dealers can now access funds at competitive interest rates, empowering them to navigate the economic downturn more effectively, according to the statement issued by the company. (PR)
Most Read from Money
Editor's Picks
Digitisation tears through Nepali handmade paper industry
Could the ordinances backfire on coalition if Assembly rejects one?
A new Nepal Police bill creates discontent in the force
Malnutrition continues to afflict children in Nepal’s food basket
Trump administration has good reason to re-evaluate American aid
E-PAPER | March 03, 2025
×