SEBON Says Only 17 Lakh of 80 Lakh Demat Accounts Are Active
Summary
SEBON says only about 17 lakh of Nepal’s 80 lakh Demat accounts are active, with around 33 lakh accounts holding zero balances. Executive Director Rupesh KC said the board is preparing surveys and a national financial literacy strategy to improve investor participation and strengthen the capital market.
Key Points
- Only around 17 lakh of Nepal’s 80 lakh Demat accounts are currently active, according to SEBON.
- About 33 lakh Demat accounts have zero balances, showing widespread inactivity among registered investors.
- SEBON plans surveys and research to assess investors’ financial conditions and financial literacy.
- The Investor Protection Fund has accumulated Rs. 1.23 arba, and SEBON says it could be made more effective through its operation.
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