CDC launches Digital Account Opening solution to facilitate Investors
CDC is spearheading the digitization drive for market processes in order to make investing experience convenient for Pakistan Capital Market investors. CDC has been constantly launching novel digital solutions like eIPO, eDividend Repository etc. to facilitate investors and transform Capital Market processes, making them more accessible, efficient and convenient.
CDC offers 50% cashback on Online Transactions
CDC has an enduring commitment to promote digitization of Capital Market processes and ensure provision of more efficient and transparent service to the investors. In line with this objective, digital alternatives of various manual processes have been introduced over time. CDC Access is one such customer focused, online service package which gives investors the benefit of accessing vital account information and initiating Portfolio Transfers through Online Transactions in real time without any paper work or manual effort.
CDC reduces Investor Account Annual Maintenance Fee
Central Depository Company’s (CDC) products and services are developed to facilitate Capital Market investors and promote investor protection. Over the years, the Company has taken a series of landmark initiatives to encourage and assist investors in their day to day activities. In line with this aim, CDC has drastically reduced the annual maintenance fee for its Investor Account by 27 percent, effective from July 2017.
Central Depository Company and 1Link sign an agreement for processing of payments for Centralized eIPO system
Central Depository Company of Pakistan Limited and 1LINK (Guarantee) Limited recently signed an agreement for processing of payments as part of the Centralized eIPO System, at CDC House. The agreement was signed by Mr. Aftab Diwan, CEO – CDC and Mr. Najeeb Agrawalla, CEO – 1LINK. Mr. Shahid Nasim – Executive Director, SECP, Mr. Khurram Gul Agha – Director and Chairman BD Committee, 1LINK & Head of IT and Transaction Banking Faysal Bank, Mr. Arshad Khan – Senior Joint Director, SBP and Mr. Muhammad Ali Sario – Joint Director, SBP, were also present on this occasion, with team members.
Development of CDC Urdu Website
Under the directive of the Securities and Exchange Commission of Pakistan, the Central Depository of Company of Pakistan Limited has developed an Urdu version of their website. SECP has directed all corporate institutions to launch their corporate websites in Urdu.