Bank Holiday: Pakistani banks to remain closed for 3
days
In a recent communication from the Cabinet Division, it has
been declared that there will be a bank holiday on January 1, 2024, signaling
the commencement of the New Year.
The three-day closure will span from Saturday to Monday,
offering a short break for the public. It's essential to be aware that although
banks will be closed for regular transactions, employees are expected to adhere
to their normal work schedules.
State
Bank of Pakistan (SBP) declares bank holiday on Monday, December 25
This annual bank holiday has been established to facilitate
the closing of accounts, ensuring a seamless transition into the new fiscal
year. The notification from the Cabinet Division details the public and
optional holidays for 2024, with the State Bank of Pakistan (SBP) expected to
issue a corresponding notification shortly.
This announcement follows closely on the heels of another
recent bank holiday on December 25th, commemorating Quaid-e-Azam Day. As the
nation observes these occasions, normal bank operations will resume promptly on
the specified dates.
Source: Hamariweb