Siddhartha Capital offers demat accounts

ShareSansar, Sept 17:

Siddhartha Capital Limited has come up with Securities Deposit (demat) account service.

The investors can now open a demat account through any of the branches of Sidharatha Bank Limited. The bank has 49 branches across the country.

To provide this service, Siddhartha Capital had on May 23 become the depository participant with the CDS and Clearing Limited, a subsidiary company of Nepal Stock Exchange Limited, the only stock market in the country.

Sidhartha Capital is one of the ten depository participants with the CDSC.

The other DPs include Civil Capital Market Ltd., ACE Capital Ltd., Stock Management & DP Ltd., Nabil Investment Banking Ltd., NIBL Capital Markets Ltd., Laxmi Capital Ltd., Everest Bank Limited, NMB Capital Limited and Bank of Kathmandu Limited.