Banks to Remain Closed for Public on January 1st 2018

The State Bank of Pakistan (SBP) will observe 1st January 2018 as a bank holiday and it will remain shut for all sort of public dealing.

A press release issued on Wednesday said that the central bank of Pakistan will observe a bank holiday and will not entertain public on the upcoming Monday.


Moreover, all banks, including Development Finance Institutions (DFIs), and Microfinance Banks (MBFs) shall, therefore, remain shut for public dealing on the same date.

Related News: Governor SBP Says Rupee’s Current Value Against Dollar is Fair

SBP’s Press Release states:

All banks / Development Finance Institutions (DFIs) /Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on 1st January, 2018.

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

New Year’s Day in Pakistan is celebrated with fervor across a multitude of culturally, ethnically and religiously diverse communities.

Banks are closed for the general public but not for their employees.

  • I don’t understand the Bank holidays, they are already closed on every occasion, and then This…
    1st January, 1st June?, 1st July, 1st May, God knows when they work for public.

    • Xahid, I have never seen you appreciate something, all you do is to spread negativity!

      Jis Tan Laagi, O Tan Jany, Koi Na Jany Peer Parai!

      Banks close hoon gy but employees will be working to close the accounts and perform certain calculations!

      1st July is start of a Financial Year as per government practice, no holiday on 1st June, and 1st May is Labour Day across the world!

      So I humbly request you to stop whinning and be positive

        • Not For All Department :
          Banks Main Jo Kaam Qarz Lene Dene Se Rleated Ho to Na jaiz hai.
          OtherWise Agar Dusra Koi Job Na Mile to Koi Bank Main Koi Dusra Kaam Kar Sakte hai Magar Dusri Job Ki Talash Jari Rakhna Hogi : Jaise He Dusra Mile To Bank Job Leave Kar Le

        • All Industry have giving us Salary & Benefits Under “SOOD”
          Company K Finance Wale Banks Se Interested Lete hai Aur Salary Unhi Interest Ka Dete hai : Na K Apne Jaib Se
          In Short Bank Directly Dealing with “SOOD”
          Other than Banking Sector Indirectly Dealing with “SOOD”

    • Bankers have longest non stop working time throughout the year from 9 to 6 officially and from 8:45 to 7:30 practically in normal working days. People cannot even bear their two relaxed working days…….

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