Revised List of Primary Dealers for the Financial Year 2006-07
January 17, 2007
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All Banks/NBFCs/DFIs/Listed Brokerage Houses
Dear Sirs,
Revised List of Primary Dealers for the Financial Year 2006-07
Please refer to EDMD Circular No. 12/2006 dated July 20, 2006 on appointment of Primary Dealer for the financial year 2006-07.
In pursuance to the following:
- Amalgamation of Standard Chartered Bank Branch Business and Union Bank Limited with and into Standard Chartered Bank (Pakistan) Limited
- Amalgamation of American Express Bank Limited (Pakistan Branches) and Jahangir Siddiqui Investment Bank Limited with and into JS Bank Limited
- Request of Jahangir Siddiqui & Co. Limited that they would no longer continue to serve as Primary Dealer
The list of Primary Dealers is now revised and henceforth following institutions will act as Primary Dealers for financial year 2006-07:
- ABN Amro Bank NV
- Citibank NA
- Habib Bank Limited
- JS Bank Limited
- MCB Bank Limited
- National Bank of Pakistan
- Pak Oman Investment Co.
- Prime Commercial Bank
- Standard Chartered Bank (Pakistan) Limited
- United Bank Limited
Yours sincerely,
Athar Ghafoor
J. Joint Director