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Tuesday, February 27, 2024

HBL hosts Roshan Digital Account Event in London, UK

HBL in collaboration with Pakistan High Commission London hosted the Roshan Digital Account event for the Pakistani community in the UK.

HBL in collaboration with Pakistan High Commission London hosted the Roshan Digital Account event for the Pakistani community in the UK. This was the second awareness event by HBL, earlier this year, similar sessions were also held in Riyadh and Jeddah, KSA.

The event was graced by H.E. Moazzam Ahmad Khan – High Commissioner of Pakistan to the United Kingdom of Great Britain and Northern Ireland. Also in attendance were members of Pakistani professional communities, Pakistan High Commission London and HBL UK staff.

The Roshan Digital Account event was an effort to create further awareness of the State Bank of Pakistan’s Roshan Digital Initiative.

This initiative allows non-resident Pakistanis to open bank accounts digitally from abroad for investment in Pakistan and take advantage of the saving schemes and investment opportunities in the country.

Read More: HBL teams up with NIFT ePay to accelerate digital payments in Pakistan

Commenting on the initiative, Syed Mohsin Ali Shah, Head Retail Products – HBL, said, “This event was planned and executed in collaboration with the Pakistan High Commission London to engage non-resident Pakistanis and socialize the Roshan Digital Initiative, which started as an account and has now become a lifestyle Initiative. The United Kingdom is HBL’s third largest market for the Roshan Digital Initiative.”

During the event, participants were briefed on investment opportunities in Pakistan and the importance of Roshan Digital Account, particularly with respect to the economic contributions of the Pakistani diaspora to the progress and prosperity of their homeland.

Participants were also apprised of HBL’s efforts to propagate further awareness of the Roshan Digital Account and its associated services, i.e. Roshan Pension Plan, Roshan Apni Car auto financing and Roshan Apna Ghar home financing amongst others.

The Pakistani community in the UK were also briefed about how expats could actively participate in supporting the flood affectees by sending their contributions via Roshan Samaaji Khidmat, that enables Roshan Digital Account holders to make Zakat & Donation payments.

Read More: HBL’s third-quarter profit rises to Rs 55.6 billion

Clients can now make investments, contribute to charities, purchase a car or a house using their Roshan Digital Accounts.

About Roshan Digital Account

The Roshan Digital Account is opportunity for Overseas Pakistanis to open an account with HBL from the comfort of their homes through a completely digital process. This account will enable users to take advantage of banking services such as sending remittances, fund transfers, bill payments, and innvestment in stocks & shares.

The whole account process can be completed remotely without the need to physically visit a bank branch. It gives NRPs a unique opportunity to avail basic banking services, channel remittances, make routine transactions and transfers, and also be able to invest in government securities and the Pakistan Stock Market.

Accounts will be opened within 48 hours if all account opening requirements have been duly completed documents have been submitted as per bank requirement.

Click here for more information.

About HBL

HBL was the first Pakistani commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and maintained its position as the largest private sector bank in Pakistan with 1700+ branches, 2200+ ATMs, 61,000+ Konnect by HBL agents (branchless banking platform), 52,000+ QR locations serving over 32 million clients worldwide. It is currently the largest Domestic Bank with a presence across major trade zones in the world. The Bank is recognized as the leading financial institution of the country for its client-centric innovation in financial services.