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 Financial Year (FY) 2022-23 vide DMMD Circular Letter No. 03 dated May 9, 2022 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 |
Bank Al-Falah Limited |
| 2 |
Habib Bank Limited |
| 3 |
National Bank of Pakistan |
| 4 |
United Bank Limited |
| 5 |
MCB Bank Limited |
| 6 |
JS Bank Limited |
| 7 |
Standard Chartered Bank (Pakistan) Limited |
| 8 |
Pak Oman Investment Company Limited |
| 9 |
The Bank of Punjab |
| 10 |
Citi Bank N.A-Pakistan Operations |
| 11 |
Industrial and Commercial Bank Of China-Pakistan Operations |
| 12 |
Habib Metropolitan Bank Limited |
| Special Purpose Primary Dealer |
| 1 |
National Clearing Company of Pakistan Limited |
| 2 |
Central Depository Company of Pakistan |
Top three performing PDs during FY 2021-22 are as under:
- Bank Al-Falah Limited
- Habib Bank Limited
- National Bank of Pakistan