Kuwait-Backed Digital Bank Eyes $100m Pakistan Investment
ISLAMABAD: Kuwait Investment Authority–backed Raqqami Islamic Digital Bank (RIDB) will invest $100 million in Pakistan and launch operations in February, Finance Adviser Khurram Shehzad said. The bank will become Pakistan’s first fully digital, Shariah-compliant bank, according to its website. It will offer online financing, savings, and payment services to individuals and small and medium-sized enterprises. […]
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