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SBP Opens Up New Investment Options For Overseas Pakistanis

by News Desk
August 31, 2021
in Business, Main
Reading Time: 1 min read
SBP
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State Bank of Pakistan (SBP) has introduced various options to overseas Pakistanis to invest in Pakistan, mainly in listed and unlisted companies, mutual funds, and real estate.

In order to provide further investment and financing opportunities to non-resident Pakistanis (NRPs), the State Bank of Pakistan has allowed direct investment through the Rupee-based Roshan Digital Accounts (RDAs) into the shares of companies in Pakistan and units of funds established and operated by private fund management companies licensed by the Security Exchange Commission of Pakistan (SECP), according to a statement issued by the banking regulator.

Moreover, to facilitate investment in Pakistan’s real estate, the financing facility has been allowed to RDA holders through their PKR Accounts using digital channels. In addition, the inflow of funds into rupee-denominated RDAs has been allowed through Money Transfer Operators (MTOs), it said.

Tags: NRPsoverseas PakistanisRDAreal estate.SBPSECP
News Desk

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