Banks to Remain Closed to Public on 4 April: SBP

The State Bank of Pakistan (SBP) and other banks will remain closed for public dealing on Monday, 4 April, which will be observed as a ‘Bank Holiday’ for the deduction of Zakat. All banks/DFIs/MFBs will remain closed to the public. The employees of all these institutions will carry out their official assignments (in-office or work-from-home, as designated under the current protocols) on the Bank Holiday, which will be observed as a working day (except for public dealing). According to an announcement by the central bank, it will be closed for public trading on Monday, “which shall be celebrated as Bank Holiday [sic] for the purpose of deduction of Zakat.” The statement continued, “However, all staff of banks, DFIs, and MFBs will report to work on Bank Holiday as if it were a normal working day (except for public trading).”