Banks to Remain Closed for Public Dealings on 1st Ramadan: SBP

The State Bank of Pakistan (SBP) has announced in a statement that it will remain closed for public dealings on 1st Ramazan, i.e., May 7, 2019 (today).

As usual, the first day of the holy month will be observed as a Bank Holiday for the deduction of Zakat. Therefore, all conventional banks, Microfinance Banks (MFBs), and Development Financial Institutions (DFI) will be closed for public dealings on the said date.


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SBP also stated that all employees of the banks/DFIs/MFBs will attend the office tomorrow as usual for the annual closing.

Via: RadioPakistan


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