EFU Life and CDC sign Memorandum of Understanding
EFU Life Assurance Limited and Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding to mutually benefit each other by providing differentiated services to their customer base.
Swiss Consulate Officials visit Central Depository Company
A delegation from the Consulate General of Switzerland comprising of Mr. Roger M. Kull (Deputy Head of Mission), Mr. Emil Wyss (Consul General) and Mr. Jordan James Din (Head of Commercial Section) visited Central Depository Company of Pakistan Limited at its head office on 27th November 2014.
CDC introduces eDividend facility
Continuing the trend of being at the forefront of innovation in capital market development, the Central Depository Company of Pakistan Limited became the pioneering institution in the country to introduce eDividend facility.
CDC’s Trustee & Custodial Services achieves 100 funds
Central Depository Company’s Trustee and Custodial Services department has recently achieved 100 funds under its client umbrella with aggregated net assets of more than Rs. 177 billion.
Central Depository Company conducts Investor Awareness Seminars in upcountry
After a successful campaign in Karachi and Hyderabad, CDC conducted Investor Awareness Seminars in Lahore, Islamabad, Rawalpindi, Multan, Gujranwala and Faisalabad from 16th to 22nd March 2014. These seminars were organized particularly in the context of current regulatory initiatives where subscriptions of CDC Access SMS and Email Alerts have been made mandatory by the Securities & Exchange Commission of Pakistan. This initiative was also taken in line with CDC’s belief that an informed investor is more enabled to keep his investment secure.
CDC to provide Settlement services for Government Securities traded on KSE’s Bond Trading System
Being at the forefront of capital market development since its inception, CDC has introduced a number of initiatives and undertaken many challenges. Recently, another major milestone was marked in the ever-progressing timeline of CDC with the initiation of settlement of Government Securities through KSE’s bond trading platform.
ITMinds Limited to support ABL AMC’s Pension Funds Service
ABL Asset Management Company Ltd. (ABL AMCL), a wholly owned subsidiary of Allied Bank Limited (ABL) and ITMinds Limited (a wholly owned subsidiary of Central Depository Company of Pakistan Limited), signed an agreement enabling ITMinds to provide back office services for two upcoming Pension Funds of ABL AMCL.