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Nabil Bank Ltd. has entered into an agreement with Unilever Nepal

Metakhabar by Metakhabar
September 8, 2022
in Business
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Nabil Bank Ltd. has entered into an agreement with Unilever Nepal
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Nabil Bank Ltd. has entered into an agreement with Unilever Nepal Limited to provide Channel Financing Facility to its registered members. Mr. Gyanendra Prasad Dhungana, CEO of Nabil Bank Ltd. and Mr. Amlan Mukherjee, MD of Unilever Nepal Ltd signed a Memorandum of Understanding (MoU) on September 05, 2022 in presence of Mr. Sujit Kumar Shakya, Sr. DCEO of Nabil Bank and Mr. Niraj Basnet (Danil), Head – SME & MF, Nabil Bank along with some of the major distributors of Unilever Nepal Limited. After MoU, Unilever provided ‘Reference Letter’ of three distributors for processing channel financing from the bank.  

With this strategic partnership, the bank assures Channel Partners like distributors, dealers and retailers of Unilever to avail Channel Financing Facility with attractive pricing and collateral support. The major attraction of this facility is that it allows distributors to receive full value of bills issued to its distributors, dealers, and retailers through bank financing. Furthermore, the registered partners can also avail various other SME loan facilities to meet its financing requirements.

Speaking about the partnership with Unilever Nepal Limited, Mr. Dhungana stated that the bank aims to support associated members of Unilever Nepal Limited in managing working capital and cash flow shortages through Channel Financing loans and various other SME loans so as to improve the sustainability of SME business.

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Chhayanath pilgrimage begins on Friday
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Chhayanath pilgrimage begins on Friday

by Metakhabar
August 2, 2025
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Mugu, Aug 2: A famous pilgrimage of Mugu, the Chhayanath Dharmik Yatra, commenced on Friday. Chhayanath, a famous Hindu shrine...

Read more
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First National Millet Day observed

August 2, 2025
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Hyundai Announces Winner of Festive Delight 2081 Bumper Offer

August 2, 2025
Swiss National Day marked

Swiss National Day marked

August 2, 2025
Monsoon wind has nationwide impacts

Heavy rainfall likely in three provinces today

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Aanjan Media Private Limited Kathmandu, Nepal

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Dhiraj Paudel

Registration No:

3634-2079/80

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01-4521648
metakhabar7@gmail.com

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