Banking Business News

Roshan Digital Account attracts $2.7bn in 14 months

Roshan Digital Account attracts $2.7bn in 14 months

 Roshan Digital Account (RDA) reached $2.7 billion in October since its launch in September 2020.

Overall over 68% or $1.834bn was invested in high-return Naya Pakistan Certificates throughout this era. Despite the Covid-19 crisis, overseas Pakistanis reflected a lot of confidence in this scheme. 

In greenback phrases, the three-, six- and 12-month NPCs provide a revenue price of 5.5pc, 6pc, and 6.5pc respectively. For 3- and five-year certificates the return is 6.75pc and 7pc respectively. The data showed by SBP stated that the total investments since September 2020 rose rapidly, registering an average inflow of $191 million per month. 

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