Business

Free demat account

Free demat account

By Himalayan News Service

KATHMANDU: On the occasion of Nepali New Year 2076 BS, NIBL Ace Capital has launched free demat account supporting the government’s ‘One Nepali, one demat account’ campaign. The offer, which started from April 14, is on for a limited time only, as per a media release. The free demat account is offered from NIBL Ace Capital in Lazimpat, Kathmandu and its branches as well as from all the branches of NIBL Bank. NIBL Ace Capital Ltd, a wholly-owned subsidiary of Nepal Investment Bank Ltd, has been functioning as a depository participant under CDS and Clearing Ltd since 2014. NIBL Ace Capital is also a licensed merchant banker and fund manager from the Securities Board of Nepal. NIBL Ace Capital also renders a comprehensive and wide range of services in the field of registrar companies and currently serves around 14,00,000 shareholders of 40 registrar firms.