CDC to help NRPs invest in capital market

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KARACHI: The Central Depository Company of Pak­istan Ltd (CDC) on Tuesday said it will facilitate investment by non-resident Pakis­tanis (NRPs) in the country’s stock market through Ros­han Digital Account with designated large-scale banks.

In a statement issued on Tuesday, CDC Chief Exec­utive Officer Badiuddin Akber said the Roshan Digital account was a remarkable step taken by the State Bank of Pakistan (SBP) to facilitate overseas Pakistanis. Similarly, allowing NRPs to invest in the country’s stock market through this account will facilitate NRPs.

Published in Dawn, August 26th, 2020

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