Islamabad, Sep 20: As of August 31, 2024, the total portfolio of the Central Directorate of National Savings (CDNS) reached Rs. 3.1 trillion, accounting for 10% of banking deposits and 7% of domestic debt.
Key Highlights:
- Customer Base: CDNS serves approximately 3 million customers through a network of 370 centers nationwide.
- Functions: As part of the Finance Division, CDNS aims to promote savings, support government financing, and ensure financial inclusion and social security for vulnerable segments of society.
Breakdown of Savings Instruments:
- Defence Savings Certificates: Rs. 404 billion
- Bahbood Savings Certificates: Rs. 1,046 billion
- Regular Income Certificates: Rs. 261 billion
- Special Saving Certificates: Rs. 287 billion
- Short-term Saving Certificates: Rs. 62 billion
- Digital Savings: Rs. 2 billion
- Pensioners Benefit Account: Rs. 438 billion
- Shuhada Family Welfare Account: Rs. 0.2 billion
- Saving Account: Rs. 93 billion
- Special Saving Account: Rs. 60 billion
- National Prize Bonds (Bearer): Rs. 331 billion
- Premium Prize Bonds (Registered): Rs. 56 billion
- Sarwa Islamic Savings Account: Rs. 69 billion
- Sarwa Islamic Term Account: Rs. 5.5 billion
Investment Insights:
- Shariah-compliant Savings Investment: Rs. 70 billion
- Investment (Q1 till September 15): Rs. 300 billion, with a net positive inflow of Rs. 30 billion.
This data underscores CDNS’s role in fostering savings and providing financial stability across various demographic segments in Pakistan.
