KDIC boss to head African unit of deposit insurers lobby
Monday March 15 2021
By BONFACE OTIENO
The Kenya Deposit Insurance Corporation (KDIC) chief executive Mohamud Ahmed Mohamud has been appointed the new chairperson and President of the Africa Regional Committee of the International Association of Deposit Insurers (IADI).
The appointment for the rotational post, whose occupants serve for a period of two years, takes effect immediately.
Mr Mohamud takes over from Nigeria’s Deposit Insurance Corporation (NDIC) chief executive Umaru Ibrahim, who had succeeded former Deposit Protection Corporation of Zimbabwe CEO John Chikura in September 2018.
“This is a big honour for the East Africa region and Kenya to be specific,” Mr Mohamud told the
The central bank is targeting to attract $1 billion from overseas Pakistanis through Roshan Digital Accounts (RDA) as the first milestone in a long journey. A majority of the inflows are coming from Saudi Arabia and the United Arab Emirates (UAE).
480m dollars sent through Roshan Digital Accounts: Reza Baqir
Published On 12 February,2021 08:21 pm
SBP Governor said that overseas Pakistanis were estimated to be 7 to 9 millions in range
KARACHI (Dunya News) – Governor State Bank of Pakistan (SBP) Reza Baqir on Friday said that overseas Pakistanis from 97 countries had open Roshan Digital Accounts (RDA) and thus now were connected to Pakistani banking.
Addressing as a chief guest at a launch event of HabibMetro Roshan Digital Account at a local hotel, SBP Governor said that Non Resident Pakistanis (NRPs) and Resident Pakistanis (RPs) with declared assets abroad were now investing in Naya Pakistan Certificates (NPCs) and stock exchange.
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