HABIBMETRO and Central Depository Company (CDC) signed an agreement that aims to facilitate Non-Resident Pakistanis (NRPs) to invest in Pakistan’s stock market through the HABIBMETRO Roshan Digital Account (RDA). The RDA is an initiative of the Government of Pakistan and the State Bank of Pakistan that brings banking convenience to Pakistanis residing, or owning declared assets, overseas.
HABIBMETRO And CDC Sign Agreement For NRP Investment In PSX
CDC signs agreement with NIFT for enabling digital payments for its initiative “Emlaak Financials
Central Depository Company (CDC) is recognized as the infrastructure backbone of Pakistan’s Capital Market and it is the sole securities depository in the country, while NIFT is one of the largest payment processors in Pakistan. Central Depository Company (CDC) and National Institutional Facilitation Technologies (NIFT) signed an agreement to enable digital payments through NIFT ePay. This collaboration will enable the investors to use NIFT ePay services for investing intoMutual Funds using CDC’s digital platform” “Emlaak Financials”. Furthermore, the solution will also be facilitating CDC’s IAS account holders to make IAS payments through CDC Access portal.
CDC facilitates IPO subscription of more than PKR 260 million for Panther Tyres
In the recent IPO of Panther Tyres, 2,297 out of 4,357 applications valuing at PKR 264 million were received through CDC’s eIPO portal, which was 52% of the overall applications in the IPO. We thank our stakeholders and clients for their trust and their confidence on CDC eIPO system.