Tag: bank holiday

KARACHI: Pakistan banks will observe holiday on July 01, 2022 for financial close, a statement said on Wednesday.

The State Bank of Pakistan (SBP) issued a circular in this regard addressing the president and chief executives of all banks, development financial institutions and microfinance banks.

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The central bank said it will remain closed for public dealing on Friday, July 1, 2022 which shall be observed as Bank Holiday enabling the Bank to close its accounts.

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All banks / Development Financial Institutions (FDIs) / Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on the aforementioned date.

However, employees of the banks / DFIs / MFBs will attend the office as usual.

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KARACHI: The State Bank of Pakistan (SBP) on Monday declared bank holiday on Monday April 04, 2022 for deduction of Zakat.

In a statement, the central bank said it will remain closed for public dealing on Monday, April 4, 2022, which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat.

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All banks / development financial institutions (DFIs) / Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on the afore-mentioned date.

However, all employees of the banks / DFIs / MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing).

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KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced that offices of the central bank will remain closed on March 23, 2022.

“The State Bank of Pakistan will remain closed on March 23, 2022 (Wednesday) being public holiday on the occasion of “Pakistan Day” as declared by the Government of Pakistan,” the SBP said.

Through a circular, the SBP informed about the public holiday to presidents and chief executives of all banks, development financial institutions and microfinance banks.

The commercial banks and other financial institutions will also observe the public holiday.

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KARACHI: The State Bank of Pakistan (SBP) on Thursday announced bank holiday on account of Kashmir Day on February 05, 2022.

The SBP in a statement said that the central bank will remain closed on Saturday, February 05, 2022 on the occasion of Kashmir Day, as declared by the government of Pakistan.

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced bank holiday on Monday January 03, 2022.

Through communication, the SBP said it will remain closed for public dealing on Monday, January 3, 2022, which will be observed as ‘Bank Holiday’.

All banks / Development Financial Institutions (DFIs) / Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on the aforementioned date.

However, employees of banks / DFIs / MFBs will attend the office as usual, the SBP added.

SBP directs banks to accept bearer prize bonds

KARACHI: The State Bank of Pakistan (SBP) on Wednesday announce bank holiday on occasion of Quaid-e-Azam Day and Christmas.

The SBP said that it will remain closed on December 25, 2021 (Saturday) being public holiday on the occasions of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan.

The central bank communicated the message to presidents and chief executives of all banks, development financial institutions and microfinance banks.

READ MORE: SBP directs banks to accept bearer prize bonds

KARACHI: State Bank of Pakistan (SBP) on Friday announced that banks shall remain closed on October 19, 2021 on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam).

In a statement, the central bank said that it will remain closed on Tuesday, October 19, 2021 (i.e. 12th Rabi-ul-Awal, 1443 A.H.)

on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam).

Similar instructions have been also communicated to chief executives and presidents of commercial banks, Development Financial Institutions (DFIs) and Microfinance Banks (MFBs).

Bank holidays for Ashura

KARACHI: The State Bank of Pakistan (SBP) on Monday announced that the banks shall be closed for two days on August 18 – 19, 2021 on the occasion of Ashura.

The central bank in a circular addressing presidents and chief executive officers (CEOs) of all banks that the SBP will remain closed on 18th and 19th August, 2021 (Wednesday and Thursday) being 9th and 10th Muharram-ul-Haram, 1443 A.H. on the occasion of Ashura.