The Royal Securities Exchange of Bhutan is the only
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
in
Bhutan
Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous ...
. 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. , 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.
[Wet Bhutan and Green Dooars](_blank)
See pictures a bit down from the middle of the page. The capital for the establishment of the stock exchange was provided by
Bank of Bhutan
Bank of Bhutan (BoB) is the largest and oldest commercial bank in Bhutan. It was established under the provision of the royal charter of May 1968. It was also the only central bank before the Royal Monetary Authority of Bhutan in 1982. It is regi ...
, the
Royal Insurance Corporation of Bhutan
The Royal Insurance Corporation of Bhutan (RICB) is an insurance corporation based in Thimphu, Bhutan.
It was established on 7 January 1975 under the Charter of the fourth Druk Gyalpo Jigme Singye Wangchuk
Jigme Singye Wangchuck ( dz, འའ...
, Unit Trust of Bhutan (now
Bhutan National Bank
Bhutan National Bank is a commercial bank founded in 1997 and located in Thimphu, capital of the Kingdom of Bhutan.
History
The main events include:
*1980 - the ''Unit Trust of Bhutan'' was founded by the Royal Government and the Royal Insu ...
) and the ''Bhutan Development Finance Corporation''.
The Royal Securities Exchange of Bhutan is a member of the
South Asian Federation of Exchanges
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west.
Etymology
The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz ...
.
References
External links
Bhutan - Banking and securities20,000 plus to get refunds
Stock exchanges in Asia
Economy of Bhutan
Financial services companies established in 1993
1993 establishments in Bhutan
{{Bhutan-stub