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News

SBP Announces Bank Holiday on May 28

May 23, 2025

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5 min read

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Legal Editorial Desk

The State Bank of Pakistan (SBP) announced that it will remain closed on Wednesday, 28 May 2025, on account of Youm-e-Takbeer. “The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of “Youm-e-Takbeer”, as declared by the Government of Pakistan,” SBP said in a notice on Friday. Commercial banks will also remain closed on the occasion. Besides SBP, the Pakistan Stock Exchange (PSX) announced a few days ago that it will remain closed on May 28 due to the reasons shared above.

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