UBL crowned top performing Primary Dealer in FY25

July 09, 2025 (MLN): United Bank Limited (PSX: UBL) is riding high on success after being named the Top Performing Primary Dealer for the fiscal year 2024–25, a title awarded by the State Bank of Pakistan’s Domestic Market & Monetary Management Department through its latest circular.

According to DMD Circular No. 06 of 2025, UBL outperformed all contenders, with Bank Alfalah Limited and National Bank of Pakistan securing second and third place, respectively.

The announcement also confirmed UBL’s continued appointment as a Primary Dealer for the upcoming fiscal year 2025–26, further cementing its place at the heart of Pakistan's financial infrastructure.

The recognition indicated UBL’s unwavering commitment to excellence, market leadership, and innovation in Pakistan’s debt market. It is not just a proud moment for the bank but this also showcased the trust and confidence of investors and regulators alike.

Newly Appointed Primary Dealers (FY 2025–26):

• United Bank Limited 🥇
  
• Bank Alfalah Limited
  
• National Bank of Pakistan
  
• Habib Bank Limited
  
• Habib Metropolitan Bank Limited
  
• MCB Bank Limited
  
• The Bank of Punjab
  
• Pak Oman Investment Company Limited
  
• JS Bank Limited
  
• Citi Bank N.A., Pakistan Branch

Special Purpose Primary Dealers:

• Central Depository Company Limited
  
• National Clearing Company of Pakistan

The performance rankings were based on multiple benchmarks, including auction participation, secondary market trading, and value-added investor outreach.

Detailed performance letters for remaining dealers will be issued individually.