Presidents/ Chief Executives,

All Banks/DFIs /MFBs/ECs

Dear Sirs/Madams,

Upgradation of Firm on Panel of Auditors Maintained Under Section 35(1) of Banking Companies Ordinance, 1962

1. Please refer to BPRD Circular Letter No. 23 dated December 04, 2025 on the Panel of Auditors maintained under section 35(1) of Banking Companies Ordinance, 1962.
2. It is informed that the following Chartered Accountant firm listed in Category ‘C’ of SBP’s Panel of Auditors has been upgraded to Category ‘B’ of the panel with immediate effect: S.M. Suhail & Co,
   Chartered Accountants,
   Suite No. 1109-1112, 11th Floor,
   Park Avenue, PECHS Block 06,
   Main Shahra-e-Faisal, Karachi.
   Tel: +92 (021) 34314057, +92 (021) 32414163
   Fax: +92 (021) 32416288
   Email: [email protected]
   Web: www.smsco.pk
3. A copy of the SBP’s updated Panel of Auditors is attached at the Annexure.