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bank holiday

State Bank of Pakistan announces bank holiday on Tuesday

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Banks to remain closed in Pakistan on March 3

KARACHI – Banks in Pakistan will be closed on Tuesday, September 17, 2024, as the State Bank of Pakistan (SBP) announced a holiday to observe Eid Milad-un-Nabi (SAW). This occasion celebrates the birth of Prophet Muhammad (PBUH). The SBP stated that financial services will be impacted nationwide, with normal banking operations resuming on Wednesday, September … Read more

State Bank of Pakistan Announces Bank Holiday for July 1, 2024

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Banks to Close for Two Days Next Week

The State Bank of Pakistan declares July 1, 2024, a bank holiday. All banks, DFIs, and MFBs will be closed for public dealings. The holiday marks the beginning of the fiscal year 2024–25 KARACHI – The State Bank of Pakistan (SBP) has declared July 1, 2024, as a bank holiday to mark the first day … Read more

SBP announces bank holiday on Mar 24

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SBP revokes license of another Exchange Company
  • 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.

[embedpost slug=”ex-ambassador-of-us-meets-with-minister-for-finance-ishaq-dar”]

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Why isn’t St. George’s Day in England a bank holiday?

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st george day

This weekend, England will celebrate St. George’s Day, its patron saint. Christians all over the world will celebrate St. George’s Day. St. George’s Day has gained popularity in recent years. But we don’t get a day off because St. George’s Day isn’t an English public holiday. The idea of making St. George’s Day a bank … Read more

Easter weekend motoring misery

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motoway

Britons are cautioned to expect clogged motorways, congested A-roads, and high gasoline expenditures on one of the busiest bank holiday travel days ever. For almost the four-day Easter weekend, the first without COVID restrictions in over two years, the UK is expecting to see 21.5 million automobile rides. It will be the largest figure for … Read more

Bank Holiday: Banks to remain shut for public dealings on Monday January 3

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Bank Holiday

Banks across Pakistan will remain closed for public dealing on Monday January 3 the State Bank of Pakistan (SBP) announced on Thursday. According to a statement issued by the central bank January 3, 2022, will be observed as “Bank Holiday”, therefore, all banks, Microfinance Banks (MFBs) development finance institutions (DFIs) will remain closed for public … Read more

Rupee drops 33 paisas against dollar

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Rupee drops

KARACHI: The rupee fell 33 paisas against the dollar on Friday due to the demand pressure for foreign payment, as the currency market opened after the bank holiday, dealers said. The exchange rate ended at Rs157.87 against the dollar from the last working day’s closing of Rs157.54 in the interbank foreign exchange market. The currency … Read more

State Bank announces bank holiday on July 1

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Pakistan’s Total Liquid Foreign Reserves Stand at US$ 23.02 billion

State Bank of Pakistan will be closed for public transactions on Wednesday, July 1, 2020 on the occasion of “Bank Holiday”. According to a statement issued by the State Bank of Pakistan, the SBP will be closed for public transactions on Wednesday, July 1, 2020 on the occasion of “Bank Holiday”. [embedpost id=”50366″ slug=”state-bank-of-pakistan-brings-policy-rate-to-7″] It … Read more

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