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

BPRD Circular Letter No. 14 — June 25, 2025

The Presidents / Chief Executives

All Banks / DFIs / MFBs.

Dear Sir/Madam

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

1. Please refer to BPRD Circular Letter No. 11 dated May 15, 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 delisted from the panel with immediate effect.

Khalid Majid Rehman & Co.,

Chartered Accountants,

Khalid Majid Rehman & Co.

7-A, Street No. 65, F-8/3, Islamabad.

Tel: +92 (051) 32287713-17

Email: info@kmr.com.pk

Web: www.kmr.com.pk

3. A copy of the SBP’s updated Panel of Auditors is attached at the Annexure.

Enclosed:

• Annexure

Yours sincerely,

Saeed Afgan
Additional Director

---

State Bank of Pakistan’s Panel of Auditors Maintained Under Section 35 (1) of Banking Companies Ordinance, 1962 Sr. No. Details of Chartered Accountant Firms 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, 4 th 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. 2 nd 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, 6 th Floor, Progressive Plaza, Beaumont Road, Karachi. Tel: +92 (021) 111-113-937 Fax: +92 (021) 35681965 E. mail: ey.khi@pk.ey.com Web: www.ey.com A6 Grant Thornton Anjum Rahman, 1 st & 3 rd 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

Annexure to BPRD Circular Letter No. 14 June 25, 20 2 5 Page 2 of 7 A8 KPMG Taseer Hadi & Co. 1 st 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, 16 th 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 A1 0 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 A1 1 Naveed Zafar Ashfaq Jaffery & Co. 1 st Floor , Modern Motors House, Beaumount Road, Karachi . Tel: +92 (021) 111 -77 4 - 422, 35671909 Fax: (021) 5210626 Email: khi@nzaj.com.pk Web: www.nzaj.com.pk A1 2 Rahman Sarfaraz Rahim Iqbal Rafiq , Rahman Sarfaraz House, 54 -P, Gulberg II, Lahore . Tel: +92 (042) 35875965 - 6 7 Fax: +92 (042) 35758621 Email: rsrirlhr@gmail.com Web: www.rsrir.com A1 3 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 A 1 4 RSM Avais Hyder Liaquat Nauman , Suite No. 407, Progressive Plaza, Beaumont Road, Karachi . Tel : +92 (021) 35655975 - 7 6 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. 4 th 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, 8 th 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 Website: www.njmi.net

B8 Parker Russell - A.J.S. 6-C, 2 nd 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 Website: 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 Website: 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 Website: www.tagm.co B15 Zahid Jamil & Co. 1 st 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

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 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 C7 Malik Haroon Ahmad & Co. 25 G, Gulberg II, Lahore. Tel: +92 (42) 35772394-7 Email: info@mhssco.com Web: www.mhssco.com C8 Mazars M.F. & Co. 44-C, 3 rd Floor, Badar Commercial, Street 10, Phase V, DHA, Karachi. Tel: +92 (021) 35342801-06 Web: www.mazars.pk

C9 Rafaqat Mansha Mohsin Dossani Masoom & Co. Suite No. 113, 3 rd 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 C10 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 C11 Sarwars, Office No. 12 & 14, 2 nd 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 C12 S. M. Suhail & Co. Suite No. 1001-1014, 10 th 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 C13 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’ Category ‘B’ Category ‘C’ Audit Firms in Category “A” are eligible to conduct audit of all Banks and DFIs 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. 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.