How can we help you?
Listening...
Loading...
Oops!
We didn't catch that
Tap &
Speak Again
All Banks/DFIs/Investment Banks
and Listed Brokerage Houses/ Securities’ Depositories/ Clearing Institutions
Dear Sirs/Madams,
Appointment of Primary Dealers/Special Purpose Primary Dealers for Fiscal Year 2025-26
This refers to the rules governing Primary Dealer (PD) system issued vide DMMD Circular No. 07 dated April 12, 2021. Applications were invited for selection of PDs/PPDs/SPDs for the Fiscal Year (FY) 2025-26 vide DMMD Circular Letter No. 05 dated May 07, 2025 from all eligible institutions under said rules.
Upon evaluation of all applicants under the criteria laid down in the aforesaid rules, please be advised that the following institutions have been selected for roles as specified below:
| Sr.# | Name |
|---|---|
| Primary Dealer | |
| 1 | UNITED BANK LIMITED |
| 2 | BANK ALFALAH LIMITED |
| 3 | NATIONAL BANK OF PAKISTAN |
| 4 | HABIB BANK LIMITED |
| 5 | HABIB METROPOLITAN BANK LIMITED |
| 6 | MCB BANK LIMITED |
| 7 | THE BANK OF PUNJAB |
| 8 | PAK OMAN INVESTMENT COMPANY LIMITED |
| 9 | JS BANK LIMITED |
| 10 | CITI BANK N.A., PAKISTAN BRANCH |
| Special Purpose Primary Dealer | |
| 1 | CENTRAL DEPOSITORY COMPANY LIMITED |
| 2 | National Clearing Company of Pakistan |
Top three performing PDs during FY 2024-25 are as under:
Performance ranking of all other PDs/SPDs during FY 2024-25 will be communicated individually through separate letters.
Yours sincerely,
Iftikhar Ahmad Tari
Additional Director