Media Center

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.

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.

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.