Capital market is the engine of economy. It helps in capital formation through the mobilization of scattered savings. Economy can make utmost use of savings only if there is a well developed capital market. People and institutions only become eager to provide their savings as capital and/or debt to the corporations, government and local government agencies through primary market only if there is a healthy and liquid secondary market. Stock brokers are the gateway to the secondary market. Their service quality, business infrastructure, honesty, integrity and ethical behavior are prominent to attracting and retaining investors to the capital market.
Stock Brokers’ Association of Nepal (SBAN) was established in 2051 B.S. (1994 AD) as an umbrella organization of all the stock brokers with the main objective of developing a healthy and fair capital market through transparent, competitive and quality stock brokerage service. Its activities include advocacy and policy suggestions; organizing workshops, training and seminars for members’ professional development; preparing and implementing code of conduct among members and organizing investor awareness programs among others. It has its office in Kathmandu. Currently, there are fifty licensed brokers and all of them are the members of SBAN.
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