Securities Board of Nepal (Sebon) permitted Nabil Bank Ltd's subsidiary company Nabil Investment Banking Ltd to work as a merchant banker.
This is the first merchant banker that has been established after the new regulation that has permitted the the financial institutions to establish a separate entity as a merchant banker as subsidiary institutions, said the regulatory authority of the capital market.
Nabil Investment Banking Ltd will work as a market maker and can work as issue and sales manager apart from being a register and underwriter.
At present, there are a total of seventeen merchant bankers listed in Sebon including two commercial banks and three national level development banks.
The listed Merchant bankers
Nepal Finance Ltd
United Finance Ltd
Nepal Share Markets & Finance Ltd
NIDC Capital Markets Ltd
Ace Development Bank Ltd
NMB Bank Ltd
Citizen Investment Trust
Elite Capital Ltd
Nepal Housing & Merchant Finance Ltd
Vibor Bikas Bank Ltd
DCBL Bank Ltd
Nepal Srilanka Merchant Banking & Finance Ltd
Civil Capital Market Ltd
Investment Management Merchant Banker Ltd
Beed Invest Ltd
GROWMORE Merchant Banker Ltd
NABIL Investment Banking Ltd
No comments:
Post a Comment