The Securities Board of Nepal (SEBON) has issued brokerage licenses to five more firms.
The meeting of the directors on Thursday issued a full brokerage service provider license to two companies and a limited-brokerage service provider license to three companies.
Himalayan Securities and Sunny Securities Company received the full brokerage service provider license while Sajilo Broker Company, Roadshow Securities and Beni Securities received a limited brokerage service provider license.
SEBON has granted final licenses to 37 companies so far. SEBON, in June, approved broker licenses for 11 additional stock brokerage firms.