Circulars/Notifications  

 DMMD Circular No. 09 of 2011

June 27, 2011 



All Head of Banks/DFIs/Investment Banks
And Listed Brokerage Houses




Dear Sir/Madam,

.

APPOINTMENT OF PRIMARY DEALERS FOR FINANCIAL YEAR 2011-12

.

This refers to the Rules governing Primary Dealer System issued vide EDMD Circular No.11 dated August 27, 2005 and subsequent amendments issued vide FSCD Circular No. 7 dated June 06, 2009. Applications were invited for selection of Primary Dealers for the Financial Year (FY) 2011-12 vide DMMD Circular No.6 dated May 16, 2011 from all Banks, Investment Banks, Development Financial Institutions and listed Brokerage Houses.

Upon evaluation of each applicant’s performance under the criteria laid down in the aforementioned Rules, please be advised that the following institutions have been selected as Primary Dealers for FY 2011-12.

 

S.No. Primary Dealer’s Name
1
JS Bank Limited
2
Habib Bank Limited
3
National Bank of Pakistan
4
Faysal Bank Limited
5
Standard Chartered Bank (Pakistan) Limited
6
United Bank Limited
7
Citibank NA
8
NIB Bank Limited
9
Pak Oman Investment Co. Ltd
10
MCB Bank Limited
   
11
Bank Alfalah Limited

 

Top three performers during FY 2010-11 are as under:

1. JS Bank Limited
2. Habib Bank Limited
3. National Bank of Pakistan

 

Yours truly,


Athar Ghafoor
Senior Joint Director


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