Circulars/Notifications - Banking Surveillance Department  
 BSD Circular Letter No. 02 of 2011
February 15, 2011

The Presidents/ Chief Executives
All Banks/ DFIs

Dear Sirs/ Madams,

PANEL OF AUDITORS – UNDER SECTION 35(1) OF BANKING COMPANIES ORDINANCE, 1962

Please refer to BSD Circular Letter No. 01 dated February 11, on the subject.

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
F.R.A.N.T.S. & Co.
Chartered Accountants,
16-II, ‘N’ Lane, Commercial Avenue,
Phase IV, D.H.A, Karachi.
Phone: +92 (021) 35315175;
+92 (021) 35315275
Fax: +92 (021) 35315276
E-mail: [email protected]
Website: www.frants.pk
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.


A copy of the updated Panel of Auditors is enclosed as Annexure-A. All other instructions of the circular remain unchanged.

Please acknowledge receipt.

Encl: Updated Panel of Auditors (Annexure - A)

 


Yours faithfully,


(LUBNA FAROOQ MALIK)
DIRECTOR

       
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