NIBL Ace Capital Limited adds 3 branches

April 3: NIBL Ace Capital Ltd opened its new branches in Birgunj, Butwal and Biratnagar on Tuesday, April 3. NIBL Ace Capital Limited, a subsidiary of Nepal Investment Bank Ltd, is one of the leading merchant banks in the capital market of Nepal. The company said that it has already crossed 150,000 DEMAT accounts and accommodates share registrar of 37 companies.

With the existing extensive customer base, NIBL Ace Capital Limited said it will be opening more branches in major locations in future to serve its customers.

“Along with services provided from all NIBL branches, these new branches with our existing branches at Lal Durbar in Kathmandu, Lagankhel of Lalitpur and Chipledhunga of Pokhara will provide dedicated services related to Issue Management, Share Registrar, underwriting, Portfolio Management Service and Depository Participant,” the company said in a statement.