News

Banks to Remain Closed for 3 Days Again

•
5 min read
•
Legal Editorial Desk
Banks to Remain Closed for 3 Days Again
Banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) will remain closed for three consecutive days once again over the coming weekend. According to the public and optional holiday list for 2024 issued by the Cabinet Division, banks/DFIs/MFBs will remain closed on January 1 (Monday). However, they will not be closed for their employees. The State Bank of Pakistan (SBP) is expected to issue a notification in this regard soon. This effectively means that this will be the second time within ten days that the banks will remain closed for three days. Last Monday, banks were closed owing to the public holiday on December 25. However, it is pertinent to mention here that selected branches of banks are usually open on Saturdays.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours