Institutional investors soon

KATHMANDU: The Nepali capital market might see institutional investors soon.

Citizens’ Investment Trust (CIT), Employees’ Provident Fund (EPF) and Rastriya Beema Sansthan (Insurance Board) have agreed — in principal — to invest in the market.

During a discussion held here

today between these institutions

and Securities Board of Nepal

(Sebon) and Nepal Stock Exchange Ltd, they agreed to invest in the

capital market.

Sebon has shown confidence that the entry of the institutional investor in the market will boost the confidence of general investors as it will help balance the market.

Currently, there are around

1.4 million investors involved in

the market and there is no

institutional investor.