GNN on Google Play Store GNN on Apple App Store
Connect with us

Business

Pakistan: Banks to remain closed on April 4 on 1st Ramadan

The holiday is declared to deduct Zakat

Published

2 years ago

on

By

Pakistan: Banks to remain closed on April 4 on 1st Ramadan
GNN Media: Representational Photo

Karachi: All banks, including the State Bank of Pakistan (SBP), will remain closed on April 4 (Monday) on account of first of Ramadan, says the statement issued by the central bank.

The SBP will remain closed for public dealing on Monday (April 4, 2022), "which shall be observed as Bank Holiday for the purpose of deduction of Zakat."

It further said that all banks, development finance institutions (DFIs), Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on the afore-mentioned date. 

"However, all employees of the banks, DFIs, MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing)," the statement read.

Continue Reading

Trending