KARACHI: All banks and financial institute will remain closed during holidays announced by federal government for Eid-ul-Fitr.
A statement of the State Bank of Pakistan (SBP) said that it will remain closed from May 02 to May 05, 2022 (Monday to Thursday) on the occasion of Eid-ul-Fitr.
The SBP also informed about the holidays to the presidents and chief executives of all banks and microfinance banks (MFBs).
READ MORE: SBP directs all banks to open on April 30 before Eid holidays
Meanwhile, the SBP clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of April 13, 2022.
In the wake of public holidays announced by the Government of Pakistan on the occasion of Eid-ul-Fitr from 2nd to 5th May, 2022, the general public is encouraged to undertake their banking transactions on Saturday, April 30, 2022.
Further, banks have also been advised to ensure 24/7 availability of Alternate Delivery Channels (ADCs) such as ATMs, Mobile Banking and Internet Banking etc. during these Eid holidays.