Banks to remain closed on March 23

KARACHI: All commercial banks as well as the State Bank of Pakistan (SBP) will remain closed for public dealing on March 23 in connection with Pakistan Day.

According to a statement issued by the central bank, “The State Bank of Pakistan will remain closed on 23rd March 2023 (Thursday) being a public holiday on the occasion of “Pakistan Day” as declared by the Government of Pakistan.”

The day is marked to commemorate the historic "Lahore Resolution" passed on March 23, 1940, which eventually led to the creation of Pakistan within seven years of its adaptation on August 14, 1947.

People every year decorate their vehicles, motorcycles, cars and motorbikes while residents adorn their houses, bazaars and markets with flags and lights to express their love for the country.