Karachi, August 25, 2020: “Central Depository Company of Pakistan Limited (CDC) to facilitate investment by Non-Resident Pakistanis in the Pakistan Stock Market through Roshan Digital Account with designated large-scale banks” said Mr. Badiuddin Akber, CEO-CDC. He further stated that Roshan Digital Account is a remarkable step taken by the State Bank of Pakistan to facilitate…
Karachi, March 23, 2020: In view of the fact that banks and stock market are vital instruments of country’s financial system, the Securities and Exchange Commission of Pakistan (SECP) has announced that the all Capital Market entities would be operational on Tuesday, March 24. SECP has issued directive to open Stock market at 11am in…
Karachi, February 06, 2020: Ms. Tania Aidrus, Head of Prime Minister Imran Khan’s Digital Pakistan Initiative visited Central Depository Company (CDC). She was welcomed by CDC’s senior management team led by Mr. Badiuddin Akber, CEO-CDC who briefed her about the contribution of CDC in transforming the Pakistan Capital Market. He also highlighted CDC’s efforts towards…
Karachi, July 01, 2019: Central Depository Company has significantly reduced its service tariff for the Mutual Fund Industry up to 57 percent applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trustee fee for small sized mutual funds/schemes by permanently eliminating the minimum fee component and implementing flat rate…
Lahore, June 3, 2019: Central Depository Company has urged businessmen who have opted for Sales Tax Refund payments through Refund Bonds to urgently open up Sub Account or Investor Account with Central Depository Company of Pakistan Limited (CDC) in order to get Sales Tax Refund payments through Refund Bonds. Out of total 600 sales tax refunds claimants, Around 200…