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. It is located in the Royal Insurance Corporation of Bhutan (RICBL) building in Thimphu. The capital for the establishment of the stock exchange has been 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.