KARACHI: The State Bank of Pakistan (SBP) has officially announced that it, along with all commercial and microfinance banks, will observe a bank holiday on May 1, 2021, in observance of Labor Day.

KARACHI: Banks shall remain closed on the first day of Ramaza-ul-Mubarak 1442 A. H. for deduction of Zakat.

The Stat Bank of Pakistan (SBP) in a notification issued on Monday said that SBP will remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1442 A.H., which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat.

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1442 A.H. However, all employees of the banks / DFIs / MFBs will attend to their official assignments (in-office or work-from-home, as designated under the current COVID-19 situation) on Bank Holiday treating it as a normal working day (except for public dealing).

KARACHI: The banks will remained closed on March 23, 2021 on the occasion of Pakistan Day, State Bank of Pakistan (SBP) said on Wednesday.

In a circular, the SBP informed the presidents and chief executives of all banks, development finance institutions and microfinance banks that the central bank would remain closed on March 23, 2021 (Tuesday) being public holiday on the occasion of “Pakistan Day” as declared by the government.

KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced bank holiday on occasion of Kashmir Solidarity Day on February 05, 2021.

KARACHI: The State Bank of Pakistan (SBP) on Wednesday declared bank holiday on January 01, 2021 on account of financial close of banking companies.

In a circular issued to presidents and chief executives of all banks, development financial institutions and microfinance banks, the SBP informed that the central bank will remain closed for public dealing on Wednesday, January 1, 2020, which will be observed as ‘Bank Holiday’.

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the above date. However, all employees of banks / DFIs / MFBs will attend the office as usual, the SBP said.

KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced that the central bank would remain closed on December 25, 2020 (Friday) due to Quaid-e-Azam Day and Christmas.

The SBP said that it will remain closed on December 25, 2020 (Friday) being a public holiday on the occasions of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan.

The commercial banks shall also observe the public holiday.

KARACHI: The State Bank of Pakistan (SBP) has announced bank holiday on October 30, 2020 on the occasion of Eid Milad-Un-Nabi.

A circular issued on Tuesday addressing the president / chief executives of all banks / Development Financial Institutions and Microfinance Banks that the SBP would remain closed on October 30, 2020 (Friday), the 12th Rabi-ul-Awal 1442 AH on the occasion of Eid Milad-Un-Nabi.

KARACHI: State Bank of Pakistan (SBP) on Tuesday announced that the central bank will remain closed on August 29 and 30 on occasion of Ashura, Muharram ul Haram, 1442 AH.

The SBP, in a statement, said that the central bank will remain closed on August 29-30, 2020 (Saturday and Sunday) on the occasion of Ashura, Muharram-ul-Haram, 1442 AH.

KARACHI: State Bank of Pakistan (SBP) on Tuesday announced that the central bank will remain closed on Friday August 14, 2020 on account of Independence Day as declared by the government.

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