In the last four months since the successful integration of Roshan Digital Account with the Capital Market, CDC Investor Account Services has now crossed over 2400 investor accounts for RDA account-holders, with foreign remittances crossing PKR 650 million (as of 31st Jan 2021). With persistent efforts rendered, CDC is consistently working through a multi-pronged approach to grow this number and further attract more Pakistanis based abroad.
CDC has facilitated more than 2400 RDA accounts for Capital Market investment
CDC successfully processes 1st cash dividend through RAAST of “Pak Datacom Limited”
As a historic milestone in the country’s payment landscape, Central Depository Company (CDC) has successfully processed the Cash dividend of “Pak Datacom Limited” through State Bank’s RAAST payment gateway. It is indeed a moment to celebrate for both CDC and Pak Datacom Limited as both the companies were the first entities to utilize the services of Pakistan’s new and fastest payment gateway of RAAST (inaugurated by honorable Prime Minister Imran Khan on Monday, 11th Jan 2021).
CDC launches new fintech initiative of Mutual Fund Digital Platform (EMLAAK Financials)
Central Depository Company of Pakistan Limited, through its subsidiary ITMinds Limited, has launched the pilot version of a digital platform for the support of the Mutual Fund industry. This platform, named as “Emlaak Financials”, will function as a digital distribution channel initially for Mutual Funds and later on for other asset classes also.