Nabil, Global IME, and more banks join this year's NADA Auto Show

Kathmandu, August 13: Five banks and financial institutions will participate in this year's NADA Auto Show 2024. According to the NADA Automobile Association of Nepal, the event will feature two major banks, Nabil Bank and Global IME Bank, along with two additional commercial banks and one development bank.

Initially, NADA had planned for seven banks and financial institutions to join the auto show, but ultimately five have confirmed their participation. In addition to Nabil Bank and Global IME Bank, Himalayan Bank, Laxmi Bank, and Mahalakshmi Bikas Bank will also be present.

These banks and financial institutions will offer attractive financing options to customers purchasing vehicles at the auto show.

NADA, the leading organization in the automobile sector, hosts this major auto show annually around the Dashain and Tihar festivals. This year's NADA Auto Show will run from August 27 to September 1 at Bhrikutimandap, Exhibition Road.

Chairman Karan Chaudhary announced that the event will feature 23 brands of four-wheelers, 13 brands of light vehicles, 17 brands of two-wheelers, and 27 different auto component companies.

Notably, up to 70 percent of the vehicles on display will be electric vehicles (EVs). Tata EV is the title sponsor for this year's auto show.