CDNS introduces Easy Cash in collaboration with private sector

MG News | December 29, 2022 at 04:01 PM GMT+05:00

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December 29, 2022 (MLN): The Central Directorate of National Savings (CDNS) has introduced Easy Cash, a digital reform in collaboration with the private sector.

Mobilink including other mobile companies encouraged to promote ‘Easy Cash’ through digital reform for the convenience of consumers, a senior official of CDNS told APP.

The Memorandum of Understanding (MoU) is signed between Mobilink and CDNS for the convenience of its consumers through JazzCash mobile wallets, he added.

Over four million people including widows and senior citizens will be able to get benefit from this facility.

Answering to query, a CDNS official said that CDNS has obtained the target of issuing Rs720 billion fresh bonds in 6MFY23.

To, CDNS entered the Islamic Finance market in August 2022 by offering Islamic finance to its customers.

National Savings would also work on Islamic Sharia bonds and certificates to give opportunities to its customers.

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