Westlotto is the official state lottery of Germany and is one of the most popular lotteries in the country. It offers a variety of different games, including Eurojackpot, Millionenkracher, and 6 aus 49, with huge prizes to be won. In this beginner’s guide, we’ll take you through everything you need to know about playing and … Read More “How to Play and Win with Westlotto: The Most Popular Lottery of Germany.” »
Category: Investments
Latest trends and news about the investment portfolio in Money, Economic, Financial industries including the Central bank and Schedule Banks along with DFIs, NBFIs, MFs and PSO/PSPs.
Roshan Digital Account (RDA) is a flagship initiative of State Bank of Pakistan (SBP), in collaboration with commercial banks operating in Pakistan. These accounts provide innovative banking solutions for millions of Non Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities in Pakistan. RDA has received USD 500 million in deposits through 87,833 … Read More “Government Introduces Simplified Tax Regime for Roshan Digital Account” »
Overseas Pakistani have remained an integral part of the Pakistan’s economy and the country’s foreign exchange reserves have been immensely supported by the remittance they sent back home. In an another attempt to attract investment from Overseas Pakistanis, the Government of Pakistan has announced a new investment scheme called “Naya Pakistan Certificates (NPCs)”. The new … Read More “Government of Pakistan announces Naya Pakistan Certificates” »
We all save some money from our monthly income as a hedge to unpredictable events or to materialize our future plans. Well, what if we can get a decent return on the savings? It is important that your savings are prudently invested so that it doesn’t lose the value rather earn some profit on it. … Read More “How to Open a Stock Trading Account – Investment Guide” »
The Pakistan Investment Bonds or commonly called as PIBs are medium to long term securities issued by State Bank of Pakistan (SBP) on behalf of the Government of Pakistan. Like Market Treasury Bills (MTBs), the PIBs are also issued in scripless form. However, these bonds are issued in multiples of Rs. 100,000. PIBs are coupon-bearing … Read More “Invest in GoP’s Pakistan Investment Bonds (PIBs)” »
The Market Treasury Bills (MTBs) are short-term debt instrument issued by State Bank of Pakistan (SBP) on behalf of the Government of Pakistan. Presently, the MTBs are available in scripless form and in multiples of Rs. 5000. You can choose from multiple range of tenor i.e. 3 to 6 and 12 months according to you … Read More “How to Invest in MTBs of Government of Pakistan” »
Most of us have multiple plans for our future or to follow our dreams such as planning a picture-perfect wedding, buying a house or foreign vacation trip. However, these plans and dreams could only be materialized if they are backed by sufficient finances. All these life goals can be achieved if you are able to … Read More “Risk free Investment Avenues in Pakistan” »
As per a press statement issued by SBP, all commercial banks / Development Financial Institutions (DFIs) have been advised to suspend payments of dividend for the two quarters ending March and June 2020. However, banks/DFIs that have approved dividend declaration for quarter ended March 2020 have been advised to suspend dividend distribution for June and … Read More “SBP advised Banks / DFIs to suspend dividend Payments” »
National Savings Schemes are a popular investment option among individuals in Pakistan, including Special Savings Certificates (SSCs) offered by the National Savings Organization of Pakistan. SSCs are considered a secure investment option that provides a fixed rate of return over a predetermined period. These certificates can be purchased by individuals, as well as institutions, and … Read More “National Savings Schemes – Special Savings Certificates (SSCs)” »
The Government of Pakistan is about to launch a new Savings scheme for the overseas Pakistanis. The title of this new scheme is “Overseas Pakistani Savings Bills”. The Ministry of Finance, Government of Pakistan issued draft Rules in this regard on April 8, 2020. According to the draft rules, Non-resident individual Pakistanis (NRIPs) having National … Read More “New Savings Scheme for overseas Pakistanis” »