KATHMANDU, June 5: NMB Bank has said that it will providing Application Supported by Blocked Amount (ASBA) service to customers.

KATHMANDU, May 24: Nepal Credit and Commerce (NCC) Bank Ltd has said that would provide Applications Supported by Blocked Amount (ASBA) service to its customers free of cost.

KATHMANDU, May 13: Securities Board of Nepal (Sebon) has decided to make the applications supported by blocked amount (ASBA) system mandatory for public offering of stocks from mid-July.

KATHMANDU, May 4: The Securities Board of Nepal (Sebon) is making the applications supported by blocked amount (ASBA) system mandatory for public offering of stocks by the beginning of Fiscal Year 2017/18.

KATHMANDU, April 11: Investors will now be able to apply for shares through Applications Supported by Blocked Amount (ASBA) system from all over the country.

KATHMANDU, Feb 20: Standard Chartered Bank Ltd Nepal (SCBNL) has received approval for providing Application Supported by Blocked Amount (ASBA) service from the Securities and Exchange Board of Nepal (Sebon).

KATHMANDU, Feb 8 : Nepal SBI Bank Ltd (NSBL) has launched online ASBA and online D-mat services.

KATHMANDU, Jan 18 : Securities Board of Nepal (SEBON) has provided license to Machhapuchhre Bank Ltd to introduce Application Supported by Blocked Amount (ASBA) system.

KATHMANDU,Jan 17: Global IME Bank has said that it has got license from Securities Board of Nepal to introduce Application Supported by Blocked Amount (ASBA) system.

KATHMANDU, Jan 17: NMB Bank has received approval for providing Application Supported by Blocked Amount (ASBA) service to customers from Securities and Exchange Board of Nepal (Sebon).

KATHMANDU, Jan 6: Om Development Bank Ltd has received approval from the Securities Board of Nepal (SEBON) to implement Applications Supported by Blocked Amount (ASBA) system.

KATHMANDU, Dec 28: Citizens Bank International Ltd has received license from Securities Board of Nepal (Sebon) to start Applications Supported by Blocked Amount (ASBA) system under which investor’s money equivalent to the subscription of initial public offering (IPO) or follow-on public offer (FPO) gets blocked until the allotment of the shares.

KATHMANDU, Nov 9: Securities Board of Nepal (Sebon) is implementing Applications Supported by Blocked Amount (ASBA) system on a voluntary basis from mid-January next year i.e. Magh 1.

KATHMANDU, July 25: In just nine months of his appointment as the chairman of Securities Board of Nepal (Sebon), Rewat Bahadur Karki has initiated number of reform measures in the securities market. Full-fledged implementation of dematerialized trading system, allowing investors to get access to market depth, and halving the brokerage commission are some of the notable initiatives taken by Sebon under Karki's leadership. Sagar Ghimire of Republica, talked with Karki on overall securities market, problems and his future plans. Excerpt: