KATHMANDU: NIBL Capital Markets opened its new branches at Lagankhel, Lalitpur and Chipledhunga, Pokhara, on Wednesday.

The Lagankhel branch was inaugurated by Chairman of Securities Board of Nepal (SEBON), Rewat Bahadur Karki in the presence of CEO of Nepal Investment Bank Ltd Jyoti Prakash Pandey, Chairman of NIBL Capital SachinTibrewal, CEO of NIBL Capital Shivanth Bahadur Pandé along with officials of SEBON, Nepal Investment Bank and NIBL Capital Markets Ltd, as per a media release.

NIBL Capital Markets, a wholly-owned subsidiary of Nepal Investment Bank is one of the leading merchant banks in the capital market of Nepal. NIBL Capital recently signed MoU for merger with Ace Capital, which will increase its paid-up capital to Rs 270 million.