Tag Archives: RDA

The COVID-19 pandemic delivers a powerful shock to economies and exposes uncertainty all across the globe. Government’s brakes on imposing lockdowns vary time to time as per the rate of infections along with the negative interest rates on governmental debt …

Monetary remittances play a significant role in alleviating poverty as Remittance inflows can contribute significantly to a country’s economic well-being. Pakistan’s remittance inflows help in not just economic growth but also in improving social conditions. It serves as a catalyst …

Interview with Sardar Shoukat Popalzai – President, Balochistan Economic Forum PAGE: Pakistan might receive around $30 billion remittances during the current financial year. What is your take on it? Sardar Shoukat Popalzai: Surprisingly, Pakistan saw an increase in remittances even when …

Interview with Mr Anis Majeed – Chairman, Bombi’s Group PAGE: Tell me something about yourself and your business please: Anis Majeed: I am Chairman of Bombi’s Group and Convener Pulses Committee of Federation of Pakistan Chamber of Commerce and Industry (FPCCI). I …

The banking evolution has historically been driven by what banks are able to provide customers. Consumer culture was dependent on the bank’s ability to analyze customer trends and shape product offerings in kind. In modern banking, customers define what banks …

The rally over the past 12 months or so in the equity markets worldwide have largely been fueled by an increase in liquidity. Governments and in some instances central banks have poured in greater liquidity to stimulate economies in the …

The debt-laden economy of Pakistan needs foreign inflows in order to address its economic woes. The global economic landscape seems better today vis-à-vis a year ago when the entire world was afflicted by the conundrums of the pandemic. Pakistan’s economic …

Digital technologies have been changing the world economy where numerous nations still can’t seem to encounter the full developmental advantages of digital technologies, for example, inclusive and sustainable development, better governance, and responsive delivery of services. Given the size of …

Roshan Digital Account has attracted more than half a billion dollars and phenomenal trust of Non-Resident Pakistan (NRP). The inflows mainly getting into Naya-Pakistan Certificates and such NRPs who use to send money to their homes through back-channel are also …

Dubai Islamic Bank, the world’s first Islamic bank – last week joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan (SBP) in a ceremony with Governor SBP, Dr. Reza Baqir, as the Chief Guest. Headquartered in …

Remittance is a decisive role in country economy. It circulates or flow the dollar in and outside the country. Pakistan standing 5th in the world that receives the remittance every year while, India is the largest receiving country. In year …

Interview with Mr. Junaid Ahmed – CEO Dubai Islamic Bank Junaid Ahmed has over thirty-five years’ experience in the diversified areas of General Banking, Foreign Exchange, Treasury, Corporate and Investment Banking with leading banks in Pakistan and in the Middle …