SBP allows Banks to open selected branches on May 27, 2020

By MG News | May 20, 2020 at 05:44 PM GMT+05:00

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May 20, 2020: In order to ensure the availability of limited banking services to public at large during the extended holidays on the occasion of Eid-ul-Fitr, it has been decided that banks / MFBs may open their selected branches on Wednesday, May 27, 2020 at their own discretion in various business centers / commercial hubs etc. across Pakistan.

However, it may be noted that RTGS System and Clearing through NIFT will not be available on the above-mentioned date. Accordingly, NIFT will collect Financial Instruments from branches on Thursday, May 28, 2020 for clearing purposes.

For this purpose, banks / MFBs should ensure the deployment of minimal number of staff necessary to carry out smooth working at their selected branches on the above date.

Press Release

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