Please refer to BPRD Circular No 34 dated the 15th October 1997 on the captioned subject

It has been decided to up-grade/include the names of the chartered accountancy firms in the Panel of Auditors circulated vide BPRD circular 25 dated the 10th October 1995 for the purpose of audit of Banks / NBFIS as indicated against each.

1. INCLUSION

(A) M/s. Tahir Siddiqui &Co., Irfan plaza, Suite 11, 4th Floor , 34-Civic Center , Garden Town, Lahore has been included in the panel under category No.4 to conduct audit of Other Financial Institutions.

(B) M/s. Riaz Ahmed, Saqib, Guhar & Co.,5 to Nasim C.H.S., Major Nazir Bhatti Road , off Shaheed -e-Millet Road, Karachi has been included in the panel under Category No3 to conduct audit of other Commercial Banks Investments Banks and other DFIS

2. UP-GRADATION

(a) M/s Ilyas Saeed % Co., A-4 Sea Breeze Homes, Shershah Black, Civic Center (Bark at Market), New Garden Town, Lahore has been up-graded from category No 2 to category No 1 in the panel to conduct audit of ABL, HBL, NBP and MCB.

(b)M/s Aslam Malik & Co., Al-Noor Building, 43 Bank Square, Shahrah-e-quaid-e-Azam Lahore has been up-graded from category No.4 to category No.2 to conduct audit of NDFC, PICIC, ADBP, IDBP and HBFC.

Please acknowledge receipt.