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Envoy urges expatriates to benefit from RDA as deposits soar to $1 25b

Daily Times June 5, 2021 Pakistan High Commissioner to Canada Raza Bashir Tarar Friday urged the overseas Pakistanis to take full advantage of the incentives offered under the Roshan Digital Accounts (RDAs) as a secure and profitable banking solution and mode of investment. The high commissioner, while addressing a webinar arranged by Habib Bank Ltd, in collaboration with State Bank of Pakistan and Pakistan High Commission Canada, said the RDAs have emerged as a dependable, secure and profitable banking solution and mode of investment for the overseas Pakistanis. Pakistan High Commissioner Raza Bashir Tarar, President HBL Muhammad Aurangzeb, Managing Director DPC, SBP Syed Irfan Ali, Pakistan Stock Exchange CEO Farrukh Khan, Consul General of Pakistan Toronto Abdul Hameed, Consul General of Pakistan Vancouver Janbaz Khan, Consul General of Pakistan Montreal Ishtiaq Ahmad Aqil also attended.

Deposits in Roshan Digital Accounts soar to US$ 1 25 billion

The Roshan Digital Accounts (RDAs) have emerged as a dependable, secure, and profitable banking solution and mode of investment for Overseas Pakistanis as over 160,000 Pakistanis from 170 Countries have invested US$1.25 billion so far in the RDAs launched by the State Bank of Pakistan last year for the 9 million Pakistanis living abroad.

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