The Presidents/ Chief Executives

All Banks/ DFIs/ MFBs

Dear Sir / Madam,

Panel of Auditors maintained under Section 35(1) of Banking Companies Ordinance, 1962

1. This refers to the BPRD Circular Letter No. 1 dated January 16, 2017 on the captioned subject.
2. It is informed that the firm “Ernst & Young Ford Rhodes Sidat Hyder, Chartered Accountants” on the Panel of Auditors of State Bank of Pakistan has changed its name as follows:

3. A copy of the updated Panel of Auditors is enclosed (Annexure).

Please acknowledge receipt.