KATHMANDU: NMB Bank has entered into an agreement with Continental Trading Enterprises Pvt. Ltd., sole distributor of KIA Automobiles in Nepal for preferential financing of Kia Automobiles.

The agreement was signed between Mr. Sudesh Upadhyaya, Chief Business & Strategy Officer, NMB Bank and Mr. Aasis Poudyal, Director, Continental Trading Enterprises Pvt. Ltd.

The provisions of the Memorandum of Understanding (MoU) ensure customers availing NMB Auto Loan referred by Continental Trading Enterprises Pvt. Ltd enjoys preferential rates and shall have their loans approved in 24 business hours.

Both organizations shall jointly promote the partnership and ensure that customer experience in interacting with the brands is enhanced.

‘KIA Motors is consistently ranked as one of the best automobile brands coming from South Korea, and we are certain that this collaboration with Continental Trading Enterprises Pvt. Ltd, who have been in the business for over a decade will help create value for our customers by supporting them in realizing their wish of owning one of the best selection of automobile brands in the country with the best of financing options.’statement reads.