Pakistan’s Roshan Digital Accounts, meant for overseas Pakistani’s, crossed the 100,000 mark in its six months of operations.
The Roshan Digital Accounts were launched in September 2020 by Prime Minister Imran Khan, to allow overseas Pakistani’s to open up bank accounts in Pakistan without coming to Pakistan. In addition to that these accounts have the option of direct investment in Naya Pakistan Certificates with attractive returns.
The State Bank said that in addition to the fact that more than 100,000 overseas Pakistani’s have so far availed this facility and opened Roshan Digital Accounts, their deposits have reached $671 million as of March 2021 and 66% of that amount has been invested in Naya Pakistan Certificates.
Meezan Bank is currently recognized for generating highest amount of funds in Roshan Digital Account and highest investment in Islamic Naya Pakistan Certificates. UBL is currently recognized for opening the highest number of Roshan Digital Accounts with more than 20,000 opened so far.
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