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Banks to Remain Closed on Tuesday

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5 min read
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Legal Editorial Desk
Banks to Remain Closed on Tuesday
The State Bank of Pakistan (SBP) will remain closed tomorrow (May 28) being a public holiday on the occasion of Youm-e-Takbeer. “The State Bank of Pakistan will remain closed on May 28, 2024, (Tuesday) being a public holiday on the occasion of “Youm-e-Takbeer”, as declared by the Government of Pakistan,” the central bank said in a notice. Commercial banks across the country will also remain closed tomorrow It is pertinent to mention here that earlier today, Prime Minister Shehbaz Sharif declared May 28 as a public holiday. In a statement, the premier said the day reminds the nation’s unity to make Pakistan’s defense invincible. The Pakistan Stock Exchange (PSX) will also remain closed tomorrow.
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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.

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