The State Bank of Pakistan (SBP) on Monday announced that it will remain closed on July 3 for the public only, according to a notification issued on Monday.
"The SBP will remain closed for public dealing on 3rd July 2023 (Monday), which shall be observed as Bank Holiday," it said.
"All banks / DFIs / 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," the communique added.
The holiday is on account of the new fiscal year that is starting from July 1 (Saturday), however, Eid ul Adha's third day will be celebrated on that day.
Hence, the holiday has now been moved to July 3. However, this day the banks/DFLs/MFBs will remain closed to the public but not to their employees.
Earlier, the government announced a four-day holiday on account of Eid. The banks will remain closed from June 28-30.
As a result, all commercial banks across the country will also remain closed for five days — Wednesday, Thursday, Friday, Saturday, and Sunday.
Sole scheduled debate between US presidential candidates Harris and Trump is a potentially game-changing moment for US...
"Apple Intelligence" is new suite of software features for all devices that was announced in June
Leghari says current power rates for domestic, commercial consumers unaffordable, hurting economic growth
Napoleon Osorio now has Bit-Driver brand; he no longer struggles to pay for his children's educations
Incumbent govt last month announced its plans to auction 20 offshore blocks for oil and gas exploration
Central bank says evaluation process conducted by committee of experts was “rigorous”
