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Central Depository Company of Pakistan (CDC) is a Pakistani central securities depository company which provides services for equity, debt and other financial instruments. [2] It is based in Karachi, Pakistan. [3] CDC is regulated by the Securities and Exchange Commission of Pakistan. [4] The current CEO is Badiuddin Akber. [4]
(iii) e-Dividend' service: Central Depository Company (CDC) of Pakistan Limited has introduced e-Dividend service for stock market. This service provides transfer of dividend warrant and bonus issue of certificates electronically which saves time and expenses, by crediting cash or certificate in the bank account or investors’ account with his ...
Raast is an initiative led by the State Bank of Pakistan, that received backing from the Bill and Melinda Gates Foundation and Karandaaz Pakistan. It was developed with World Bank assistance. [7] Raast began its development in 2018. Bulk/Batch payments (e.g., dividend disbursements from the SBP CDC) went live in January 2021. [3] [8]
The PSX Dividend 20 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. PSX Dividend 20 Index benchmark top 20 dividend paying companies at PSX based on the last 12-month dividend yield. [1] [2] [3] [4]
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Electronic Government Directorate of Pakistan was established in October 2002 by the Ministry of Information Technology. [1] In 2014 Directorate was merged with Pakistan Computer Bureau to form National Information Technology Board. [2] Some of the projects completed by the directorate include:
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Pakistan Sovereign Wealth Fund (PSWF) is the sovereign wealth fund of Pakistan that was established by the Pakistani government through the Pakistan Sovereign Wealth Fund Act 2023. The fund manages the assets of profitable state-owned enterprises like Oil and Gas Development Company Limited ( OGDCL ), Pakistan Petroleum Limited ( PPL ), and the ...