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SBP announces bank holiday on first Ramazan

byCT Report
01/06/2016
in Business
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KARACHI: The State Bank of Pakistan (SBP) and other commercial banks will remain closed for public dealing on the first of Ramazan for deduction of Zakat, said a notification issued by the SBP on Tuesday.

The central bank said the SBP offices and all banks/ development financial institutions, microfinance banks would remain closed for public dealings on Ramazan 1, 1437 AH.

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

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