This refers to BPRD Circular Letter No. 12, dated April 09, 2014 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
Amin Mudassar & Co, Chartered Accountants 4th floor, IEP building, 97B/D-1, Main Boulverd Gulberg III-Lahore Tel: 042-35717261-62, Fax: 042-35717263	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