RBB Securities Company Launches Operations as Subsidiary of Rastriya Banijya Bank Limited

Fri, Jul 12, 2024 8:42 AM on Latest, Corporate,

RBB Securities Company Limited Broker no. 97, a subsidiary of Rastriya Banijya Bank Limited, commenced its securities brokerage operations on Ashadh 26, 2081. With a paid-up capital of 20 crore rupees, it aims to offer high-quality brokerage services following approval from the Securities Board of Nepal and memberships from the Nepal Stock Exchange and CDS and Clearing Limited.

Based in Kathmandu's Durbar Marg, the company plans to expand its offerings beyond securities trading to include margin trading and wholesale trading, subject to regulatory approvals. Led by experienced financial sector leaders on its board, RBB aspires to excel in securities brokerage and related services.