The State Bank of Pakistan (SBP) will remain closed for public dealing on July 1, 2024 (Monday), which shall be observed as a bank holiday, on account of the first day of the new fiscal year 2024-25.
All banks, development finance institutions (DFIs), and microfinance banks (MFBs) shall, therefore, remain closed for public dealing on the bank holiday as well.
The central bank is expected to issue a circular in this regard today.
However, all employees of the banks, DFIs, and MFBs would attend the office as usual.
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Never mind closing of all Banks under the authority of SBP. But the SBP should compassionately consider advance payment of Pensions by the Last day of the month to save hard hit pensioners who will have wait till the 2nd of July therefor