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SBP to remain closed on March 24

SBP reserves decrease by $118.9mn in a week
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March 21, 2023 (MLN): The State Bank of Pakistan (SBP) will remain closed for public dealing on Friday, March 24, 2023, which shall be observed as a ‘Bank Holiday’ for the purpose of deduction of Zakat, since 1st of Ramadan-ul-Mubarak, 1444 A.H. is likely to fall on Thursday, March 23, 2023 (already being a public holiday).

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the afore-mentioned date.

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

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Posted on: 2023-03-21T13:20:55+05:00