Roshan Digital Account Surpasses $12 Billion: State Bank of Pakistan

Pakistan's Roshan Digital Account has crossed another major milestone. The State Bank of Pakistan announced on February 19, 2026, that total cumulative inflows into the Roshan Digital Account, known as RDA, have surpassed $12 billion since the scheme's launch in September 2020. Over 900,000 accounts have now been opened by overseas Pakistanis and Pakistan Origin Card holders across the globe.

According to SBP data, total RDA accounts reached 901,764 by the end of January 2026, an increase of 8,634 accounts from December 2025. Gross inflows for January 2026 stood at $216 million, slightly up from $213 million in December 2025.

Net inflows for January totaled $145 million after adjusting for repatriation. This figure is below the six-month average of $175 million but remains broadly in line with the long-term average of $153 million recorded since the program's launch.

Of the total cumulative inflows, $1.97 billion has been repatriated abroad, while $7.66 billion has been utilized locally within Pakistan, contributing to the country's foreign exchange reserves and broader financial system.

How Overseas Pakistanis Are Investing

Investments in Islamic Naya Pakistan Certificates surged to $1,063 million, outpacing conventional Naya Pakistan Certificates which stood at $518 million. Roshan Equity Investments, which allow overseas Pakistanis to invest directly in Pakistan's stock market, climbed to $114 million, a 7.5 percent increase from the previous month. Account balances held within the RDA stood at $540 million, while other liabilities totaled $67 million.

The net repatriable liability as of January 2026 stood at $2.303 billion, representing 19.32 percent of total RDA funds. The breakdown includes $499 million in conventional Naya Pakistan Certificates, $1.024 billion in Islamic Naya Pakistan Certificates, $106 million in equity investments, $543 million in account balances, and $59 million in other liabilities.

By December 2025, cumulative inflows had reached $11.707 billion before crossing the $12 billion mark as of February 10, 2026, according to figures reported by Profit by Pakistan Today.

How to Open a Roshan Digital Account

The Roshan Digital Account allows non-resident Pakistanis and Pakistan Origin Card holders to open bank accounts entirely online, without visiting a bank branch, embassy, or consulate. The SBP requires participating banks to complete customer due diligence within 48 hours of application.

Account holders can use the platform for everyday banking, remittances to Pakistan, and investments in government-backed instruments including Naya Pakistan Certificates in both conventional and Islamic formats, as well as equity investments through the Pakistan Stock Exchange. The scheme is available through several participating banks including HBL, Meezan Bank, MCB, UBL, Faysal Bank, Standard Chartered Pakistan, and Samba Bank.

Awais Ashraf, Director of Research at AKD Securities, noted that the total mobilized through the RDA exceeds the financial support Pakistan received from the International Monetary Fund over the same period since the account's launch. Since its launch, the RDA has mobilized $9.6 billion in new funds through overseas Pakistanis.

The SBP's foreign exchange reserves stood at $16.18 billion as of February 6, 2026, with expectations to rise to $18 billion by June 2026. Total remittances from Pakistani workers abroad reached $23.2 billion in the first seven months of fiscal year 2026, up 11 percent from the same period the previous year.

The State Bank of Pakistan credited overseas Pakistanis for the continued growth of the RDA and described the initiative as a key channel for strengthening cross-border financial engagement between the diaspora and Pakistan's economy.