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SBP announces bank holiday on Mar 24

SBP revokes license of another Exchange Company

SBP announces bank holiday on Mar 24

  • All banks shall therefore, remain closed for public dealing.
  • However, all employees of the banks will attend the office.

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Friday, March 24, 2023, which shall be observed as ‘Bank Holiday’ for the purpose of deduction of Zakat, since 1st of Ramadan-ul-Mubarak, 1444 A.H. is likely to fall on Thursday, March 23, 2023 (already being a public holiday).

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the afore-mentioned date.

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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).