The State Bank of Pakistan (SBP) released the progress recorded in Roshan Digital Account (RDA) in the month of June showing “record-high deposits of $310M”.
Roshan Digital Account (RDA) progress data showed the accounts opened from 171 countries and accounted for US$ 1.562 billion in deposits so far, stated in a press release by State Bank of Pakistan.
The data combined is based on individual reports of RDA participant banks and it is also available to the public through a new web page. This web page will be updated on a monthly basis. This periodic update was also requested by market participants. – Stated by State Bank of Pakistan.
As per report, the month of June 2021 observed the highest monthly amount of deposits of US$ 310 million, while Naya Pakistan Certificates (NPC) savings recorded US$ 233 million following the RDA launch. And by the end of June 2021, USD 1050 million invested in NPCs, with USD621 million in conventional NPCs and USD429 million in Islamic NPCs.