KARACHI: The State Bank of Pakistan recently, 2nd year in a row has declared JS Bank as the Number 1 Primary Dealer of Government Securities for the year 2011-12. JS Bank was also the Number 1 Primary Dealer of Government Securities for the year 2010-2011. JS Bank is one of only 11 State Bank of Pakistan appointed Primary Dealers authorized to participate in the auctions of Government of Pakistan securities comprising of Treasury Bills (T-Bills) and Pakistan Investment Bonds (PIBs).
JS Bank has outperformed all other Primary Dealers during what has been an extremely challenging year for Pakistani banking is testament to the strategic vision of the management as well as the hard work of the Fixed Income Team in Treasury. The listing displays the growing confidence that customers have in the bank’s ability to better handle their fixed income transactions and sends a clear signal to the market that JS Bank has emerged as a key player with an agenda of performance driven growth and service excellence in Pakistani banking.**