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) 2023-24 vide DMMD Circular Letter no 02 dated May 12, 2023 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 |
MCB Bank Limited |
| 4 |
National Bank of Pakistan |
| 5 |
Habib Metropolitan Bank Limited |
| 6 |
JS Bank Limited |
| 7 |
Pak Oman Investment Company Limited |
| 8 |
United Bank Limited |
| 9 |
The Bank of Punjab |
| 10 |
Citi Bank N.A-Pakistan Operations |
| |
| Special Purpose Primary Dealer |
| 1 |
Central Depository Company of Pakistan |
| 2 |
National Clearing Company of Pakistan Limited |
Top three performing PDs during FY 2022-23 are as under:
- Bank Al-Falah Limited
- Habib Bank Limited
- MCB Bank Limited
Performance ranking of all other PDs/SPDs during FY 2022-23 will be communicated individually through separate letters.