SBP declares bank shutdown in smog-affected punjab regions on November 10

By MG News | November 09, 2023 at 04:07 PM GMT+05:00

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November 09, 2023 (MLN): The State Bank of Pakistan (SBP) on Wednesday authorized all banks and microfinance banks to keep their branches closed on Friday, November 10, 2023, in Lahore division and other districts of Punjab due to the severe implications of smog, as per a press release issued by the central bank.

“All banks / MFBs shall keep their branches closed in Lahore Division (viz. District Lahore, Nankana Sahib, Sheikhupura, Kasur), District Gujranwala, District Hafizabad, District Sialkot and District Narowal on Friday, November 10, 2023.,” the press statement reads.

The Central Bank made this decision in accordance with the notification dated November 08, 2023, issued by the government of Punjab.

According to the notification, a health emergency had been imposed in Lahore and two other divisions from November 09 to 12.

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