Circulars/Notifications - Banking Surveillance Department  
 BSD Circular Letter No. 06 of 2012
May 31, 2012

Presidents/ Chief Executives,
All Banks/ DFIs

Dear Sir/ Madam,

PANEL OF AUDITORS MAINTAINED UNDER SECTION 35 (1) OF BCO, 1962

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


 


Yours faithfully,

(Lubna Farooq Malik)
Director


       
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