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) 2012-13 vide DMMD Circular No.8 dated May 14, 2012 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 aforesaid Rules, please be advised that the following institutions have been selected as Primary Dealers of Government Securities (PIB & MTB) for FY 2012-13.
S. No. |
Primary Dealer’s Name |
1 |
JS Bank Limited |
2 |
Habib Bank Limited |
3 |
Faysal Bank Limited |
4 |
NIB Bank Limited |
5 |
National Bank of Pakistan |
6 |
Bank Alfalah Limited |
7 |
Pak Oman Investment Co. Limited |
8 |
United Bank Limited |
9 |
Citibank NA (Pakistan Branches) |
10 |
MCB Bank Limited |
11 |
Standard Chartered Bank (Pakistan) Limited |
Top three performing PDs during FY 2011-12 are as under:
- JS Bank Limited
- Habib Bank Limited
- Faysal Bank Limited
