Himalayan Securities Limited Launches with High Ambitions in Nepalese Capital Market

Himalayan Securities Limited, a fully owned subsidiary of Himalayan Bank Limited, started operations on April 25, 2024, as a full-service brokerage with a paid-up capital of NPR 60 crore.

The Securities Board of Nepal licensed the company on August 23, 2023, and became a member of the Nepal Stock Exchange on January 17, 2024. It plans to offer a broad range of brokerage and capital market services, starting with securities trading and eventually including margin lending upon regulatory approval.

The company is managed by a board of experienced directors from Nepal's financial sector and aims to be the top choice for brokerage services in Nepal by innovating to meet changing client needs. The company is based on the third floor of CTC Mall, Sundhara.