This refers to BSD Circular Letter No. 05, dated May 23, 2012 on the cited 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 and Address of the Firm |
Previous Category |
Upgraded Category |
UHY-Hassan Naeem & Co,
193-A, Shah Jamal, Lahore,
Phone: (42) 37599938;
(42) 37599948; (42)37599640
Fax: (42) 37599740 |
|
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