Machhapuchhre Securities officially opens

KATHMANDU:Machhapuchhre Securities Limited, a subsidiary of Machhapuchhre Bank Limited, has been officially established. Securities has officially opened an office in the Nepal Chamber of Commerce building in Jamal, Kathmandu.

The event was jointly inaugurated by Nepal Securities Board Chairman Ramesh Hamal, Founder President of Non-Resident Nepali Association Dr. Upendra Mahato, and Machhapuchhre Bank Chairman Roshan KC.

This company, according to KC, will make a significant contribution to the securities market. Because the securities market is an important source of capital, KC stated that this company will act as a supporter. He expressed optimism that the capital market's golden day would arrive, claiming that liquidity is improving.

Machhapuchhre Bank owns all of these securities. Machhapuchhre Securities is authorized to carry out broker's traded only. The company's paid-up capital is 20 crore rupees.