Circulars/Notifications - Banking Supervision Department  
 BSD Circular Letter No. 12
October 23, 2002  

All Banks / NBFIs

Dear Sirs / Madam,

PANEL OF AUDITORS – UNDER SECTION 35(1) OF

BANKING COMPANIES ORDINANCE, 1962

Please refer to the Panel of Auditors circulated vide BSD Circular No.6 dated           January 31, 2001. 

It has been decided to include the following Chartered Accountancy Firm in the panel of auditors of State Bank of Pakistan with immediate effect: 

NAME OF THE FIRM 

CATEGORY OF THE PANEL

M/S Ford Rhodes Sidat Hyder & Co
Chartered Accountants,
Room # 601-603,
Progressive Plaza,
Beaumont Road,
Karachi-75530
Phone #:    021-5650007-10
Fax #:        021-5681965 

Category ‘A’ - eligible to conduct audit of banks/NBFIs having total assets (net of contra items) of Rs.50 billion or above; or number of branches of 100 or more.

A copy of the revised Panel is enclosed. 

Other instructions on the subject shall, however, remain unchanged. 

Please acknowledge receipt.

Encl: As above



Yours faithfully,
(Jameel Ahmad)
Director
       
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