Circulars/Notifications - Domestic Market

July
 DMMD Circular No. 11 01,
of 2020 202
1

All
Banks/DFIs/Investment
Banks
and Listed Brokerage
Houses/ Securities'
Depositories/ Clearing
Institutions

Dear Sir/Madam,

Appointment Of Primary
Dealers/Special Purpose
Primary Dealers For
Financial Year 2021-22

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) 2021-22
vide DMMD Circular Letter
No. 01 dated Apr 28,
2021 from all eligible
institutions under said rules.

State Bank of Pakistan

received thirteen applications
for appointment of PDs and
two applications for the role
of SPDs of Government
Securities (PIB & MTB). Upon
 evaluation of each applicant
under the criteria laid down
in the aforesaid rules, please
be advised that the following
institutions have been
selected for roles as specified
below:

Name

Habib Bank Limited

Allied Bank Limited
Bank Al-Falah Limited
JS Bank Limited
National Bank of Pakistan
MCB Bank Limited
United Bank Limited
Pak Oman Investment Company Limited
Faysal Bank limited
Standard Chartered Bank (Pakistan) Limited
The Bank of Punjab
Citi Bank N.A-Pakistan Operations
Industrial and Commercial Bank Of China-Pakistan
Special Purpose Primary Dealers
National Clearing Company of Pakistan Limited
Central Depository Company of Pakistan
 

Top three performing PDs

during FY 2020-21 are as
under:

1. Habib Bank
Limited
2. Allied Bank
of Pakistan
3. Bank Al-
Falah Limited

  

Yours
truly,

Sd/-

Rizwana
Rifat
Additiona
l Director