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Agreement

Nabil Bank & Shangrila Motors reach an agreement

The bank and Shangrila Motors have an agreement that makes it simpler for consumers to obtain loans from Nabil Bank when they purchase Peugeot and Citroen vehicles.

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KATHMANDU: Nabil Bank is going to give a loan to buy a vehicle sold by Sangrila Motors Private Limited.

The bank and Shangrila Motors have an agreement that makes it simpler for consumers to obtain loans from Nabil Bank when they purchase Peugeot and Citroen vehicles.

The manager of the bank, Sachin Amatya, and the assistant general manager of Shangrila Motors Pvt Ltd, Kiran Shrestha, both signed the memorandum of understanding on behalf of their respective companies.

Following the agreement, it is stated in the press release that financing for the purchase of vehicles made by Peugeot and Citroen will be swiftly, conveniently, and at competitive borrowing rates.

The agreement states that this program will offer simple vehicle lending options to clients of all Nabil Bank offices. The bank claims that 248 Nabil Bank branches around the nation offer lending facilities.