Royal Securities Exchange of Bhutan
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. [1] Currently, the market capitalization is BTN 46,352,368,375 (about 600 million dollars) with 20 listed companies (July 2020)
Type | Stock Exchange |
---|---|
Location | Thimphu, Bhutan |
Founded | 1993 |
Currency | BTN |
No. of listings | 20 |
Website | www.rsebl.org.bt |
It is located in the Royal Insurance Corporation of Bhutan (RICBL) building in Thimphu.[2] 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.[3] The Royal Securities Exchange of Bhutan is a member of the South Asian Federation of Exchanges.[4]
References
- In Bhutan, a stock trade a day keeps stress away, Reuters, 9 December 2009, archived from the original on May 27, 2012, retrieved 23 July 2010
- Wet Bhutan and Green Dooars See pictures a bit down from the middle of the page. Archived March 14, 2012, at the Wayback Machine
- Asia & Pacific Review 2003/04: The Economic and Business Report, Kogan Page, retrieved 26 July 2010
- SAFE Members, South Asian Federation of Exchanges, retrieved 26 July 2010