Banks to remain closed for public dealing on January 1

However, all employees of banks, DFIs and MFBs will attend office as usual on New Year's eve, clarifies SBP

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An undated picture of the State Bank of Pakistans building. — AFP/File
An undated picture of the State Bank of Pakistan's building. — AFP/File

KARACHI: The State Bank of Pakistan (SBP) announced on Friday that all banks and financial institutions to remain closed for public dealing on January 1, 2025 (Wednesday) which will be observed as a "bank holiday". 

In a statement, the central bank said that the development finance institutions (DFIs) and micro finance banks (MFBs) will also remain shut on the first day of the new year.   

However, the SBP further clarified that all employees of the banks, DFIs and MFBs will attend their offices as usual on the New Year's eve.