July 31: NIBL Capital Market has received approval from SEBON for fund management program under merchant banking and mutual investment fund. NIBL Capital operating as a subsidiary company of Nepal Investment Bank from July 30, 2012 has received approval from SEBON as well as CDS and Clearing to conduct this program as a depositor of the bank.  

NIBL Capital claims to be the first organization to launch a mobile app in the capital market of Nepal. The app gives depositors access to details of their account and mutual fund.  Likewise, users can get other full services from its website www.niblcapital.com. NIBL Capital is providing stock registration services to around 572,300 shareholders of 30 companies including banks, insurance companies, hotels and trading companies.