2024-02-05

Added

DBI-3 Circular Letter No. 01: List of Audit Firms Eligible for Auditing Banks and Finance Companies

Bangladesh Bank adds eight Chartered Accountant firms to the existing list of thirty-one audit firms eligible for auditing banks and finance companies in Bangladesh. The updated list, detailed in Annexure-A, includes thirty-nine firms in total, each authorized to conduct a maximum of six statutory audits in banks and finance companies per financial year. This circular letter comes into force with immediate effect and leaves all other instructions from the previous circular dated 28/11/2023 unchanged.

Bangladesh Bank logo

Bangladesh

Bangladesh Bank

Click to view thumbnail

Bangladesh Bank Head Office Motijheel, Dhaka-1000, Bangladesh website: www.bb.org.bd Department of Banking Inspection‐3 05 February 2024 DBI-3 Circular Letter No. 01 Date: ---------------------- 22 Magh 1430 Managing Director/Chief Executive Officer All Scheduled Banks and Finance Companies in Bangladesh. Dear Sir, List of Audit Firms (Chartered Accountants) Eligible for Auditing Banks and Finance Companies. Please refer to DBI-3 Circular No. 01 dated 28/11/2023 regarding the list of Audit Firms (Chartered Accountants) eligible for auditing Banks and Finance Companies. 2. According to the above mentioned Circular, Bangladesh Bank prepared a list of 31(thirty one) Chartered Accountant Firms eligible for auditing Banks and Finance Companies. After a comprehensive review of appeals of several Audit Firms in line with the enlistment policy, competent authority has decided to add 08(eight) more Chartered Accountant Firms to the existing list. The full list is shown in Annexure-A. 3. All other instructions provided vide DBI-3 Circular No. 01, dated 28/11/2023 will remain unchanged. 4. This circular letter has been issued by Bangladesh Bank in exercise of its power conferred on it under section-39(1) of the Bank Company Act, 1991 (Amended up to 2023) and section-37(1) of Finance Company Act, 2023. This circular letter will come into force with immediate effect. Yours faithfully, (Asim Kumar Chowdhury) Director (DBI-3) Phone: 02-223359951

Bangladesh Bank Head Office Motijheel, Dhaka-1000, Bangladesh website: www.bb.org.bd Department of Banking Inspection‐3 List of Audit Firms (Chartered Accountants) Eligible for Auditing Banks and Finance Companies. SL Firm’s Name Maximum Number of Statutory Audit in Banks and Finance Companies in a Financial Year

  1. A. Qasem & Co. 6 (Six) 6 (Six)
  2. A. Wahab & Co.
  3. ACNABIN
  4. Ahmed Zaker & Co.
  5. Ahsan Manzur & Co.
  6. Anil Salam Idris & Co.
  7. Arun & Company
  8. Aziz Halim Khair Choudhury
  9. Basu Banerjee Nath & Co.
  10. Chowdhury Bhattacharjee & Co.
  11. Das Chowdhury Dutta & Co.
  12. Dewan Nazrul Islam & Co.
  13. G Kibria & Co.
  14. Hoda Vasi Chowdhury & Co.
  15. Hoque Bhattacharjee Das & Co.
  16. Howladar Yunus & Co.
  17. Hussain Farhad & Co.
  18. Islam Aftab Kamrul & Co.
  19. Islam Jahid & Co.
  20. K M Alam & Co.
  21. Kazi Zahir Khan & Co.
  22. Khan Wahab Shafique Rahman & Co.
  23. M J Abedin & Co.
  24. M M Rahman & Co. Annexure-A

Bangladesh Bank Head Office Motijheel, Dhaka-1000, Bangladesh website: www.bb.org.bd Department of Banking Inspection‐3 SL Firm’s Name Maximum Number of Statutory Audit in Banks and Finance Companies in a Financial Year 25. M Z Islam & Co. 6 (Six) 26. MABS & J Partners 27. Mahamud Sabuj & Co. 28. Mahfel Huq & Co. 29. Malek Siddiqui Wali 30. Masih Muhith Haque & Co. 31. MRH Dey & Co. 32. Nurul Faruk Hasan & Co. 33. Pinaki & Company 34. Rahman Rahman Huq (KPMG) 35. S. K. Barua & Co. 36. Shafiq Basak & Co. 37. Snehasish Mahmud & Co. 38. Syful Shamsul Alam & Co. 39. Zoha Zaman Kabir Rashid & Co.