January 25: NIBL Capital Markets Limited, a subsidiary of Nepal Investment Bank Limited, has claimed to become the first merchant banker of Nepal to cross 100,000 Demat accounts.

Issuing a statement, the company said it has been functioning as a depository participant under CDS and Clearing Limited since 2014.

NIBL Capital said it is strongly pursuing its digital agenda and has launched SMS notification services to its clients free of cost. Those who have registered their mobile number with the company will get immediate notification of buying (credit) and selling (debit) of shares in their Demat account as it happens, reads the statement.

According to the company, it is also the first such company in the country to launch a comprehensive mobile application- NIBL Capital Mobile App, which helps its clients to access the details of their Demat accounts, the mutual fund NAVs, and also allows the clients to track their portfolio growth.

NIBL Capital is also a licensed merchant banker and fund manager from the Securities Board of Nepal (SEBON).