SBP says banks remain closed on 1st Ramadan-ul-Mubarak

KARACHI (Sarzameen News)- The State Bank of Pakistan (SBP) will remain closed for public dealings on 1st Ramadan-ul-Mubarak 1439 A.H., which will be observed as ‘Bank Holiday’; for the purpose of deduction of Zakat.

According to the statement issued on Wednesday, All banks/Development Finance Institutions (DFIs)/Mircofinance Bank (MFBs) shall, therefore, remain closed for public dealing on 1st Ramadan-ul-Mubarak 1439 A.H.

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

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