The State Bank of Pakistan will remain closed for public dealing on Friday, March 24, 2023, which will be observed as a ‘Bank Holiday’ for the purpose of deduction of Zakat.
In a circular issued today, the central bank said that Friday is being declared a bank holiday since the 1st of Ramadan-ul-Mubarak, 1444 A.H. is likely to fall on Thursday, March 23, 2023 (already being a public holiday).
#SBP to remain closed for public dealing on Friday, March 24, 2023 for the purpose of Zakat deduction.
Details: https://t.co/GqD7KqeGY4 pic.twitter.com/cE8DZzWERe
— SBP (@StateBank_Pak) March 21, 2023
All banks/DFIs/MFBs will remain closed for public dealing on the afore-mentioned date. However, all employees of the banks/DFIs/MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing), the circular said.