According to NEPSE, the regulatory body will soon recommend a broker license based on the previously set criteria. 'We will recommend broker license to three subsidiary companies of commercial banks in two/three days,' NEPSE informed.
NIA Asia Securities, a subsidiary company of NIC Asia Bank, Sanima Securities, a subsidiary company of Sanima Bank and Prabhu Stock Market, a subsidiary company of Prabhu Bank are seeking NEPSE approval for broker license after fulfilling all required procedures.
