Regulatory Alerts2025-05-07 | DMMD Circular Letter No. 05Added · Updated
Selection of Primary, Preliminary Primary, and Special Purpose Dealers for Fiscal Year 2025-26
The State Bank of Pakistan invites eligible institutions, including scheduled banks, DFIs, investment banks, listed brokerage houses, securities depositories, and clearing institutions, to apply for appointment as Primary, Preliminary Primary, or Special Purpose Primary Dealers for Fiscal Year 2025-26. Applicants must submit applications signed by the CEO, COO, or Treasurer, including a business plan approved by the ALCO or Board of Directors, audited financial reports, business charge schedules, and Investor Portfolio of Securities account details as of April 30, 2025. Applications must be delivered to the Director of the Domestic Markets & Monetary Management Department at the State Bank of Pakistan in Karachi, or emailed to pd.reporting@sbp.org.pk, no later than May 30, 2025.
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