State Bank to remain closed on July 3

Employees of banks/DFIs/MFBs will attend the office as usual, according to official notification

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The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. — Reuters
The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. — Reuters

The State Bank of Pakistan (SBP) will remain closed to the public on July 3 (Monday) as it will be observed as a bank holiday, a notification issued on Monday said. 

"All banks/DFIs/MFBs shall, therefore, remain closed for public dealing on the aforementioned date. However, employees of the banks/DFIs/MFBs will attend the office as usual," it added. 

The holiday is on account of the new fiscal year that is starting from July 1 (Saturday), however, Eid ul Adha's third day will be celebrated on that day. 

The holiday has now been moved to July 3, however, this day the banks/DFLs/MFBs will remain closed to the public but not to their employees. 

Earlier, the government announced a four-day holiday on account of Eid. The banks will remain closed from June 28-30. 

As a result, all commercial banks across the country will also remain closed for five days — Wednesday, Thursday, Friday, Saturday, and Sunday.