CDNS hits Rs313bn savings target in just 7 weeks

August 31, 2026 (MLN): The Central Directorate of National Savings (CDNS) has mobilized Rs313 billion from July 1 to August 20, meeting its savings mobilization target for the period and recording a strong start to fiscal year 2026-27.

Officials attributed the performance to improved institutional efficiency, stronger investor confidence and sustained demand for secure, government-backed savings instruments, according to APP.

Following the early achievement, CDNS has set an overall mobilization target of Rs1.53 trillion for FY2026-27. The target is aimed at strengthening domestic savings, expanding investment opportunities and increasing access to formal financial products.

The institution is also seeking to expand its Islamic finance portfolio, with Shariah-compliant savings products being positioned as a key component of its strategy to attract a broader investor base.

For FY2025-26, CDNS had set a Rs60bn target for Islamic savings instruments. In the preceding fiscal year, it had earmarked Rs170 billion for Islamic investments as part of its overall Rs1.65tr mobilization target.

CDNS has maintained a substantial mobilization record in recent years. It exceeded its Rs1.7tr target in FY2023-24 by mobilizing Rs1.74tr, while in FY2022-23 it achieved its Rs1.6tr target.

In FY2021-22, the institution increased its initial Rs1.3tr mobilization target to Rs1.4tr amid favourable market conditions and stronger resource mobilization.

Officials said ongoing reforms, operational improvements and measures to enhance accessibility had supported the institution’s performance and expanded the reach of National Savings products.

They added that the continued focus on product diversification, digital transformation and Shariah-compliant instruments would remain central to CDNS’s strategy as it works towards its FY2026-27 target.

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