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)
2024-25 vide DMMD
circular letter no 05 dated May 09, 2024
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 |
National Bank of
Pakistan |
3 |
Habib Bank Limited
|
4 |
Habib Metropolitan
Bank Limited |
5 |
United Bank Limited |
6 |
The Bank of Punjab |
7 |
MCB Bank Limited |
8 |
Pak Oman Investment
Company Limited |
9 |
JS Bank Limited |
10 |
Citi Bank - Pakistan
|
Special
Purpose Primary Dealer |
1 |
Central Depository Company Limited |
2 |
National Clearing Company Of Pakistan |
Top three performing PDs during FY 2023-24
are as under:
1. Bank Al-Falah Limited
2. National Bank Of Pakistan
3. Habib Bank Limited
Performance ranking of all other PDs/SPDs
during FY 2023-24 will be communicated individually
through separate letters.