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NBP has launched its first margin financing facility product 'NBP Investor Advantage' in collaboration with its subsidiary Taurus Securities Limited (TSL). The launch of this product makes NBP the first bank to introduce a margin financing facility for retail investors. The 'NBP Investor Advantage' will provide both stock brokering and financing solution to retail investors throughout the country. The brokering services will be provided through TSL whereas NBP will provide financing for trading in selected shares listed on the exchange. NBP aims to provide the product throughout the country within a year and in the near future it will also provide a margin financing product for brokers. |
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