Regulatory Alerts2025-05-15 | BPRD Circular Letter No. 11Added · Updated
State Bank of Pakistan Panel of Auditors Maintained Under Section 35(1) of Banking Companies Ordinance 1962
This document lists the State Bank of Pakistan's approved panel of chartered accountant firms classified into three distinct categories based on eligibility criteria for auditing banks and Development Finance Institutions (DFIs). Category A firms are authorized to audit all banks and DFIs, whereas Category B firms are limited to those with assets up to Rupees 100 billion or 160 branches. Category C firms are permitted to audit banks and DFIs with assets not exceeding Rupees 15 billion or a maximum of 30 branches.
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., Karachi
- A2: Baker Tilly Mehmood Idrees Qamar, Karachi
- A3: BDO Ebrahim & Co., Karachi
- A4: Crowe Hussain Chaudhury & Co., Lahore
- A5: EY Ford Rhodes, Karachi
- A6: Grant Thornton Anjum Rahman, Karachi
- A7: Ilyas Saeed & Co., Lahore
- A8: KPMG Taseer Hadi & Co., Karachi
- A9: Kreston Hyder Bhimji & Co., Karachi
- A10: Muniff Ziauddin & Co., Karachi
- A11: Naveed Zafar Ashfaq Jaffery & Co., Karachi
- A12: Rahman Sarfaraz Rahim Iqbal Rafiq, Lahore
- A13: Riaz Ahmad & Co., Lahore
- A14: RSM Avais Hyder Liaquat Nauman, Karachi
- A15: UHY Hassan Naeem & Co., Lahore
- A16: Yousuf Adil, Karachi
Category ‘B’
- B1: Amin Mudassar & Co., Lahore
- B2: H.A.M.D & Co., Karachi
- B3: HLB Ijaz Tabussum & Co., Islamabad
- B4: IECnet S.K.S.S.S., Karachi
- B5: M.R.M.E & Co., Lahore
- B6: Mushtaq & Co., Karachi
- B7: Nasir Javaid Maqsood Imran, Karachi
- B8: Parker Russell - A.J.S., Faisalabad
- B9: PKF F.R.A.N.T.S., Karachi
- B10: Reanda Haroon Zakaria Aamir Salman Rizwan & Co., Karachi
- B11: Riaz Ahmad Saqib Gohar & Co., Karachi
- B12: ShineWing Hameed Chaudhri & Co., Lahore
- B13: Suriya Nauman Rehan & Co., Islamabad
- B14: Tariq Abdul Ghani Maqbool & Co., Karachi
- B15: Zahid Jamil & Co., Faisalabad
Category ‘C’
- C1: Fazal Mahmood & Co., Lahore
- C2: Feroze Sharif Tariq & Co., Karachi
- C3: Ibrahim Shaikh & Co., Karachi
- C4: Iqbal Yasir & Co., Lahore
- C5: J.A.S.B & Associates, Karachi
- C6: Junaidy Shoaib Asad, Karachi
- C7: Khalid Majid Rehman & Co., Islamabad
- C8: Malik Haroon Ahmad & Co., Lahore
- C9: Mazars M.F. & Co., Karachi
- C10: Rafaqat Mansha Mohsin Dossani Masoom & Co., Karachi
- C11: Saeed Kamran & Co., Lahore
- C12: Sarwars, Lahore
- C13: S. M. Suhail & Co., Karachi
- C14: Uzair Hammad Faisal & Co., Lahore
Category Description
- Category ‘A’: Audit Firms are eligible to conduct audit of all Banks and DFIs.
- Category ‘B’: Audit Firms 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 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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