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2025-12-04 | BPRD Circular Letter No. 23

State Bank of Pakistan’s Panel of Auditors Maintained Under Section 35(1) of Banking Companies Ordinance, 1962

This document lists the State Bank of Pakistan’s authorized audit firms categorized by their eligibility to conduct financial audits for banks and development finance institutions. Firms are divided into three tiers, with Category A eligible for all entities, Category B for institutions with assets up to 100 billion rupees or 160 branches, and Category C for those with assets up to 15 billion rupees or 30 branches. Each entry provides full contact information including office addresses, telephone numbers, fax lines, emails, and website URLs for the listed firms.

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Annexure to BPRD Circular Letter No. 23 - December 04, 2025

State Bank of Pakistan’s Panel of Auditors Maintained Under Section 35(1) of Banking Companies Ordinance, 1962

Category ‘A’

  • A1: A.F. Ferguson & Co., State Life Building No. 1/C, I.I. Chundrigar Road, Karachi. Tel: +92 (021) 32426711-15, Fax: +92 (021) 32415007, Web: www.affco.com.pk
  • A2: Baker Tilly Mehmood Idrees Qamar, 4th Floor, Central Hotel Building, Civil Lines, Mereweather Road, Karachi. Tel: +92 (021) 35644872-77, Fax: +92 (021) 35694573, Email: mim@bakertillymiq.com, Web: www.bakertillymiq.com
  • A3: BDO Ebrahim & Co., 2nd Floor, Block ‘C’ Lakson Square, Building No. 1, Sarwar Shaheed Road, Karachi. Tel: +92 (021) 35683030, Fax: +92 (021) 35684239, Email: info@bdo.com.pk, Web: www.bdo.com.pk
  • A4: Crowe Hussain Chaudhury & Co., 7th Floor, GulMohar Trade Centre (GTC), 8F, Main Market, Gulberg II, Lahore. Tel: +92 (042) 35759223-5, Email: crowe@crowe.pk, Web: www.crowe.pk
  • A5: EY Ford Rhodes, 6th Floor, Progressive Plaza, Beaumont Road, Karachi. Tel: +92 (021) 111-113-937, Fax: +92 (021) 35681965, Email: ey.khi@pk.ey.com, Web: www.ey.com
  • A6: Grant Thornton Anjum Rahman, 1st & 3rd Floor, Modern Motors House, Beaumont Road, Karachi. Tel: +92 (021) 35672951-56, Fax: +92 (021) 35688834, Email: iafzal@gtpak.com, Web: www.gtpak.com
  • A7: Ilyas Saeed & Co., A-4, Sea Breeze Homes, Shershah Block, New Garden Town, Lahore. Tel: +92 (042) 35861852, 35868849, Fax: +92 (042) 35856145, Email: info@ilyassaeed.com, Web: www.ilyassaeed.com
  • A8: KPMG Taseer Hadi & Co., 1st Floor, Sheikh Sultan Trust Building No. 2, Beaumount Road, Karachi. Tel: +92 (021) 35685847, Fax: +92 (021) 35685095, Email: pk-fmkarachi@kpmg.com, Web: www.kpmg.com.pk
  • A9: Kreston Hyder Bhimji & Co., Suite No. 1601, 16th Floor, Kashif Centre, Main Shahrah-e-Faisal, Karachi. Tel: +92 (021) 35640050-52, Fax: +92 (021) 35640053, Email: smtanvir@krestonhbco.com, Web: www.krestonhb.com
  • A10: Muniff Ziauddin & Co., F/17/3, Business Executive Centre, Block No. 8, Clifton, Karachi. Tel: +92 (021) 35375127-28, 35872283, Fax: +92 (021) 35820325, Email: info@mzco.com.pk, Web: www.mzco.com.pk
  • A11: Naveed Zafar Ashfaq Jaffery & Co., 1st Floor, Modern Motors House, Beaumount Road, Karachi. Tel: +92 (021) 111-774-422, 35671909, Fax: (021) 5210626, Email: khi@nzaj.com.pk, Web: www.nzaj.com.pk
  • A12: Rahman Sarfaraz Rahim Iqbal Rafiq, Rahman Sarfaraz House, 54-P, Gulberg II, Lahore. Tel: +92 (042) 35875965-67, Fax: +92 (042) 35758621, Email: rsrirlhr@gmail.com, Web: www.rsrir.com
  • A13: Riaz Ahmad & Co., 10-B, Saint Mary Park, Main Boulevard, Gulberg III, Lahore. Tel: +92 (042) 35718137-39, Fax: +92 (042) 35718136, Email: racolhr@racopk.com, Web: www.racopk.com
  • A14: RSM Avais Hyder Liaquat Nauman, Suite No. 407, Progressive Plaza, Beaumont Road, Karachi. Tel: +92 (021) 35655975-76, Fax: +92 (021) 35655977, Email: lahore@rsmpakistan.pk, Web: www.rsm.global/pakistan
  • A15: UHY Hassan Naeem & Co., 193-A, Shah Jamal, Lahore. Tel: +92 (042) 35403550-51, 35403588, Fax: +92 (042) 35403599, Email: info@uhy-hnco.com, Web: www.uhy-hnco.com
  • A16: Yousuf Adil, Cavish Court, A-35, Block 7 & 8, K.C.H.S.U. Shahrah-e-Faisal, Karachi. Tel: +92 (021) 34546494-97, Fax: +92 (021) 34541314, Email: zhmemon@yousufadil.com, Web: www.yousufadil.com

Category ‘B’

  • B1: Amin Mudassar & Co., 4th Floor, IEP Building, 97-B/D-1, Main Boulevard, Gulberg III, Lahore. Tel: +92 (042) 35717261-62, Fax: +92 (042) 35717263, Email: amclhr1@brain.net.pk
  • B2: H.A.M.D & Co., 302, Land Mark Plaza, Mohammed Bin Qasim Road, Off I.I Chundrigar Road, Karachi. Tel: +92 (021) 32630651, Email: dawson5152@gmail.com
  • B3: HLB Ijaz Tabussum & Co., 303, Sawan Road, G-10/1, Islamabad. Tel: +92 (051) 32354801-03, Fax: +92 (051) 32354800, Email: ia@hlbitc.com; admin@hlbitc.com, Web: www.hlbitc.com
  • B4: IECnet S.K.S.S.S., Suite No. 209, Parsa Tower, PECHS Block 6, Main Shahrah-e-Faisal, Karachi. Tel: +92 (021) 34150811-13, Fax: +92 (021) 34150814, Email: info@iecnet.com.pk, Web: www.iecnet.com.pk
  • B5: M.R.M.E & Co., 50/2, Lawrence Road, Lahore. Tel: +92 (042) 36370215, 35466618, Fax: +92 (042) 36363614, Email: info@mudassarehtisham.com, Web: www.mudassarehtisham.com
  • B6: Mushtaq & Co., 407, Commerce Centre, Maulana Hasrat Mohani Road, Karachi. Tel: +92 (021) 32638521-24, Email: mushtaqco@hmiml.com
  • B7: Nasir Javaid Maqsood Imran, Office No. 807, 8th Floor, Plot No. 11/2, Q.M. House, Ellander Road, Opp. Shaheen Complex, Off. I.I. Chundrigar Road, Karachi. Tel: +92 (021) 32212382-83, 32211515-16, Fax: +92 (021) 32211515, Email: khi@njmi.net, Web: www.njmi.net
  • B8: Parker Russell - A.J.S., 6-C, 2nd Floor, ST Plaza, Kohinoor Town, College Road, Faisalabad. Tel: +92 (021) 32621701-03, Fax: +92 (021) 32621701, Email: fsd@parkerrussellajs.com.pk, Web: www.parkerrussellajs.com.pk
  • B9: PKF F.R.A.N.T.S., 16/II, ‘N’ Lane, Commercial Avenue, Phase IV, D.H.A, Karachi. Tel: +92 (021) 35315275, Fax: +92 (021) 35315276, Email: karachi@pkf.com.pk, Web: www.pkf.com.pk
  • B10: Reanda Haroon Zakaria Aamir Salman Rizwan & Co., M1-M4 & 709-710, Progressive Plaza, Beaumont Road, Karachi. Tel: +92 (021) 35674741-44, Fax: +92 (021) 35674745, Email: info@hzco.com.pk, Web: www.hzco.com.pk
  • B11: Riaz Ahmad Saqib Gohar & Co., 5-Nasim, C.H.S. Major Nazir Bhatti Road, Off Shaheed-e-Millat Road, Karachi. Tel: +92 (021) 34945427, 34946112, Fax: +92 (021) 34932629, Email: gohar@rasgco.com, Web: www.rasgco.com
  • B12: ShineWing Hameed Chaudhri & Co., H.M. House No. 07, Bank Square, Off Shahrah-e-Quaid-e-Azam, Lahore. Tel: +92 (042) 37235084-87, Fax: +92 (042) 37235083, Email: lhr@hccpk.com, Web: www.hccpk.com
  • B13: Suriya Nauman Rehan & Co., House No. 02, Street No. 02, F-7/3, Islamabad. Tel: +92 (051) 32610931-32, Fax: +92 (051) 32610954, Email: nauman@nrcca.pk, Web: www.nrcca.pk
  • B14: Tariq Abdul Ghani Maqbool & Co., 173-W, Block-2, P.E.C.H.S, Karachi. Phone: +92 (021) 34322582-83, (021) 34322606-07, Fax: +92 (021) 34522492, Email: info@tagm.co, Web: www.tagm.co
  • B15: Zahid Jamil & Co., 1st Floor, Al-Jamil, 7-Madina Town Ext, Kohinoor Chowk, Off. Jaranwala Road, Faisalabad. Tel: +92 (041) 38725065-68, Fax: +92 (041) 38725070, Email: info@zahidjamilco.com, Web: www.zahidjamilco.com
  • B16: Junaidy Shoaib Asad, 1/6-P, Block No. 06, P.E.C.H.S, Mohtarma Laeeq Begum Road, Off Shahra-e-Faisal. Karachi. Tel: +92 (021) 34371910-13, Fax: +92 (021) 34371916, Email: info@jsa.com.pk, Web: www.jsa.com.pk

Category ‘C’

  • C1: Fazal Mahmood & Co., 147 - Shadman I, Lahore. Tel: +92 (042) 37426771-73, Fax: +92 (042) 37426774, Email: info@fmc.com.pk, Web: www.fmc.com.pk
  • C2: Feroze Sharif Tariq & Co., 4-N/4, Block No. 06, P.E.C.H.S. Karachi. Tel: +92 (021) 34540891, 34542607, Fax: +92 (021) 34540891, Email: fstc.ca@gmail.com
  • C3: Ibrahim Shaikh & Co., 259-260 Panorama Centre, Fatima Jinnah Road, Saddar, Karachi. Tel: +92 (021) 35210577, 35671853, Fax: +92 (021) 35676591, Email: ibrahimshaikh41@yahoo.com
  • C4: Iqbal Yasir & Co., 415, Block-B, Faisal Town, Lahore. Tel: +92 (042) 35218637-40, Email: info@iyk.com.pk, Web: www.iyk.com.pk
  • C5: J.A.S.B & Associates, 1104, Uni Tower, I.I. Chundrigar Road, Karachi. Tel: +92 (021) 32468154-55, Fax: +92 (021) 32468157, Email: basharat.rasool@jasb-associates.com, Web: www.jasb-associates.com
  • C6: Malik Haroon Ahmad & Co., 25 G, Gulberg II, Lahore. Tel: +92 (42) 35772394-7, Email: info@mhssco.com, Web: www.mhssco.com
  • C7: Mazars M.F. & Co., 44-C, 3rd Floor, Badar Commercial, Street 10, Phase V, DHA, Karachi. Tel: +92 (021) 35342801-06, Web: www.mazars.pk
  • C8: Rafaqat Mansha Mohsin Dossani Masoom & Co., Suite No. 113, 3rd Floor, Hafeez Centre, A/34, K.C.H.S, Block No. 07 & 08, Shahrah-e-Faisal, Karachi. Tel: +92 (021) 34392361-62, Fax: +92 (021) 34320693, Email: karachi@mmdk.com.pk, Web: www.mmdk.com.pk
  • C9: Saeed Kamran & Co., SKP House, 321 Upper Mall, Lahore. Tel: +92 (042) 111-772-000, 35789330-1, Fax: +92 (042) 35789182, Email: info@hyk.com, Web: www.hyk.com.pk
  • C10: Sarwars, Office No. 12 & 14, 2nd Floor, Lahore Centre, 77-D, Main Boulevard, Gulberg III, Lahore. Tel: +92 (042) 35782920-22, Fax: +92 (042) 35773825, Email: sarwars@sawarsca.com, Web: www.saewarsca.com
  • C11: S. M. Suhail & Co., Suite No. 1001-1014, 10th Floor, Uni Centre, I.I. Chundrigar Road, Karachi. Tel: +92 (021) 32414057, 32414163, Fax: +92 (021) 32416288, Email: sms@smsco.pk, Web: www.smsco.pk
  • C12: Uzair Hammad Faisal & Co., 37- Main Gulberg, Lahore. Tel: +92 (042) 35877470, 35879310, Email: faisaljalal@uhf.com.pk, Web: www.uhf.com.pk

Category Description

  • Category ‘A’: Audit Firms in Category “A” are eligible to conduct audit of all Banks and DFIs.
  • Category ‘B’: Audit Firms in Category “B” are eligible to conduct audit of Banks and DFIs having assets up to Rupees 100 billion or branches up to 160.
  • Category ‘C’: Audit Firms in Category “C” are eligible to conduct audit of banks and DFIs having assets up to Rupees 15 billion or branches up to 30.
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