Karachi, June 24, 2023: The State Bank of Pakistan (SBP) has declared a bank holiday on July 3, 2023. In a statement released by the central bank, it was announced that all commercial banks will remain closed on this day.
The SBP will be closed for public dealings on Monday, July 3, 2023, and this day will be observed as a Bank Holiday. As a result, all banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) will be closed to the public on the specified date. However, employees of these banks, DFIs, and MFBs will be required to attend the office as usual.
The announcement of this bank holiday provides an opportunity for individuals and businesses to plan their banking activities accordingly. It is advisable for customers to take into account this closure when scheduling any financial transactions or visits to their respective banks.
The SBP regularly declares bank holidays to facilitate administrative and operational tasks within the banking sector. These holidays allow the banking institutions to carry out necessary internal processes and ensure the smooth functioning of their operations.
Customers are encouraged to plan their banking needs accordingly and make necessary arrangements to avoid any inconvenience caused by the bank closure on July 3, 2023.
Pakistan Banks to Close on June 28, 29 & 30 for Eid ul Azha Holidays
