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What is Royal Securities Exchange of Bhutan mean?
The Royal Securities Exchange of Bhutan is the only stock exchange in Bhutan. It is one of the world's smallest stock exchanges, with a market capitalization of around 375 million dollars and 21 listed companies as of February 2015. As of June 2018, market capitalization increased to BTN 28,044,944,642. Currently, the market capitalization is BTN 46,352,368,375 (about 600 million dollars) with 20 listed companies (July 2020)
It is located in the Royal Insurance Corporation of Bhutan (RICBL) building in Thimphu. The capital for the establishment of the stock exchange was provided by Bank of Bhutan, the Royal Insurance Corporation of Bhutan, Unit Trust of Bhutan (now Bhutan National Bank) and the Bhutan Development Finance Corporation. The Royal Securities Exchange of Bhutan is a member of the South Asian Federation of Exchanges.
reference| Full Form | Category |
|---|---|
| Royal Securities Exchange of Bhutan | Business |
| Rajasthan State Electricity Board | General |
Posted on 25 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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