KARACHI: Meezan Bank and Samba Bank in collaboration with the Pakistani Embassy in Bahrain hosted a reception at Gulf Hotel, Manama – Bahrain inviting prominent non-resident Pakistanis and their clients to celebrate the success of Roshan Digital Account (GDR) in Pakistan.

Dr. Murtaza Syed from the State Bank of Pakistan participated in the event virtually and addressed the audience. Also present at the occasion were Muhammad Ayub, Ambassador of Pakistan to Bahrain, Irfan Siddiqui – Chairman and CEO, Meezan Bank and Ahmad Tariq Azam – Acting Chairman and CEO, Samba Bank Limited, along with members team keys.

The State Bank of Pakistan, with the aim of achieving digitalization, strives to provide technology-based banking solutions to everyone in Pakistan. As an extension of this objective, non-resident Pakistanis can also benefit from digital financial services through RDA, which include account opening and investment in different sectors of the country, even from outside Pakistan.

In his speech, Dr. Murtaza Syed updated the audience on the current economic situation in the country and thanked the NRPs living in Bahrain for their support and contribution over the past two years, which obviously led to an increase in shipments of foreign funds in Pakistan.

In his welcome address, Muhammad Ayub, Ambassador of Pakistan, highlighted the contributions of the Pakistani Diaspora to the socio-economic development of the Kingdom of Bahrain and also Pakistan through large remittances. He also highlighted the vital contributions of the Pakistani community to strengthening bilateral relations between Pakistan and Bahrain.

In his welcome speech, Irfan Siddiqui, President and CEO of Meezan Bank, thanked the guests for attending the event and said, “Alhamdulillah, Meezan Bank is the only bank to have received 1 billion dollars in remittances under the Roshan Digital Account initiative. We are happy to celebrate this achievement with you on the occasion of Meezan Bank’s 25th anniversary, to honor the support provided by the overseas Pakistani community which has raised the profile of the Bank in local and international communities. I would like to dedicate this celebration to our valued customers and employees whose trust and commitment have allowed the Bank to become one of the leading banks in the country.

Ahmad Tariq Azam, Chairman and Acting CEO, Samba Bank Limited, while addressing the gathering of non-resident Pakistani Diaspora, highlighted the national significance of the Roshan Digital initiative and stressed that this platform digital form has provided the most important financial link with overseas Pakistanis with their homeland. It not only caters to their basic banking needs but also provides a complete lifestyle solution to PRNs and their families. He affirmed that Samba Bank Limited takes pride in offering world-class banking services to its RDA holders and would continue to meet their various banking requirements through our state-of-the-art technological infrastructure.

Azam, in his closing remarks, further pointed out that Pakistan and Bahrain have a long-standing bilateral cooperative relationship and such events not only bring the Pakistani community closer but also strengthen the coalition bond between the two countries.

Over 200 guests attended the event, including various industry leaders and professionals from the Pakistani community in Bahrain. The event also coincides with Pakistan’s 75th Independence Day celebrations.

After dinner, Meezan Bank and Samba Bank announced the availability of their teams at the Pakistan Embassy the following day to facilitate overseas Pakistanis living in Bahrain. Afterwards, the teams will visit different campsites for two more days to provide them with maximum assistance.

Copyright Business Recorder, 2022