State Bank to offer new schemes to expats
Schemes include car financing for family members of overseas Pakistanis, donations via digital banking
It is a misconception that SBP will be empowered unabatedly through the proposed Act to share financial or non-financial private information with any entity, particularly outside the country, said the Ministry of Finance. PHOTO: FILE
KARACHI:
Pakistan’s central bank is all set to offer two new products to overseas Pakistanis having Roshan Digital Accounts (RDA) including car financing for their family members residing in Pakistan and making donations through digital banking.
“State Bank of Pakistan (SBP) is launching two new initiatives under Roshan Digital Account scheme ie Roshan Apni Car and Roshan Samaaji Khidmat as we celebrate RDA reaching $1 billion mark,” Pakistan Tehreek-e-Insaf (PTI) Senator Faisal Javed Khan said on his official Twitter handle on Tuesday.