This refers to BPRD Circular Letter No. 31, dated October 23, 2014 on the above subject.

2. It has been decided to upgrade the category of the following Chartered Accountancy firm in the Panel of Auditors of State Bank of Pakistan with immediate effect:

Name of the Firm	Previous Category	Upgraded Category
M/s Suriya Nauman Rehan & Co,   Chartered Accountants, No. 02, Street # 2, F -7/3  Islamabad Tel # 051-2610931, Fax # 051- 2610954 [email protected]	Category ‘C’ – eligible to conduct audit of Banks/ DFIs having total assets (net of contra items) below Rs. 5 billion or number of branches below 10.	Category ‘B’ – eligible to conduct audit of Banks/ DFIs having total assets (net of contra items) up to Rs. 50 billion or number of branches up to 99.

3. A copy of the updated Panel of Auditors is enclosed.

Please acknowledge receipt.

Encl: As Above