RDA inflows reach $5 billion mark in 24 months
Inflow of remittances under Roshan Digital Account (RDA) rose to US $4.981 billion by the end of August 2022 as compared to US $4.794 billion till end of July. The data showed that the inflows of remittances during the month of August were recorded at $187 million as compared to $188 million in July and…
Adil Aziz
Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success
Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at the Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate the success of Roshan Digital Account (RDA) in Pakistan. State Bank of Pakistan, with the goal of achieving digitization is working towards providing technology-enabled…
RDA inflows rise to $4.356 billion in May
Inflow of remittances under Roshan Digital Account (RDA) rose to US $4.356 billion by the end of May 2022 as compared to US $4.167 billion till end of April, according to a latest data released by the State Bank of Pakistan. The data showed that the inflows of remittances during the month of May were…
Highest ever daily inflows worth $57 million recorded in Roshan Digital Account: SBP
Deposit inflows in Roshan Digital Account (RDA) recorded highest ever daily figure on Tuesday as $57 million were deposited in a single day. According to a message by official twitter handle of the State Bank of Pakistan with the significant increase, total deposits in RDA have crossed $4.5bn till June 21, 2022. At the end…
Financial System performed well and remained resilient, says Financial Stability Review 2021
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY21. The Review presents the performance and risk assessment of various segments of the financial sector including banks, non-bank financial institutions, financial markets, financial market infrastructures and non-financial corporates. The assessment of global dynamics highlights that due…
RDA Inflows surge to $3.92 bn in March
Inflow of remittances under Roshan Digital Account (RDA) rose to US $3.92 billion by the end of March 2022 as compared to US $3.632 billion till end of February last year, according to a latest data released by the State Bank of Pakistan. The data showed that the inflows of remittances during the month of…
HBL & MCB BANK introduce RDA drive ‘ROSHAN RAHO’ in association with the Pakistani Consulate Riyadh, KSA
HBL & MCB BANK participate in the Pakistan day event held by the Pakistan Consulate for Riyadh, KSA on 23rd March, 2022 VIP attendance was made by His Excellency, Ameer Khurram Rathore the Ambassador to Riyadh Virtual guest Speakers included Muhammad Aurangzeb, President & CEO – HBL and Shoaib Mumtaz, President & CEO MCB Bank…
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