SBP announces bank timings with 5 working days

May 06, 2022 (MLN): The State Bank of Pakistan (SBP) on Friday has announced Bank timings with five working days to be observed after the Holy month of Ramadan with immediate effect.

According to a notification issued in this regard, SBP will observe office hours from 9am to 5:30pm Monday to Thursday with a prayer/lunch break from 1:30pm to 2:15pm.

On Friday, Bank will observe timings from 9am to 6pm with a prayer/lunch break from 1pm to 2:30pm.

Further, in order to ensure the availability of basic banking facilities to the business community and the public at large, banks / MFBs may open their selected branches situated in major cities/business centres / commercial markets & hubs/ports etc., on Saturdays as per their business requirements, the notice said.

The collection booths of banks located at Custom Houses / Ports shall remain open 24/7 as per existing practice. However, banks / MFBs shall submit a complete list of branches that will be opened on Saturdays to the Banking Policy & Regulations Department and also place the updated list of such branches on their websites. For the information of customers, banks / MFBs shall prominently display in the concerned branch that this branch will remain open on Saturdays.

The above timings will continue until modified or withdrawn, the notice added.

Copyright Mettis Link News