KARACHI: The State Bank of Pakistan (SBP) recently declared JS Bank as the Number One Primary Dealer of Government Securities for 2011-12. This is the second year in a row that JS Banks has topped the ranking. JS Bank is one of 11 primary dealers appointed by the SBP, authorised to participate in auctions of government securities comprising Treasury Bills (T-Bills) and Pakistan Investment Bonds (PIBs). In the listing, JS Bank outperformed all other primary dealers; a testament to the strategic vision of the management, as well as the hard work of the Fixed Income Team in its Treasury Department.
Published in The Express Tribune, July 26th, 2012.