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Pakistan

Banks across country to remain closed on Thursday

Karachi: State Bank of Pakistan (SBP) announced the closure of banks across the country on July 1.

GNN Web Desk
Published 4 years ago on Jul 1st 2021, 8:40 am
By Web Desk

According to a statement issued by the Central Bank, all public and private banks including the State Bank of Pakistan will remain closed for public dealing on Thursday, July 1, 2021, which shall be observed as Bank Holiday.

The Banks’ staff will work as usual enabling the Bank to close its accounts.

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on July, 1.

The SBP statement said that to facilitate the collection of Government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of the National Bank of Pakistan (NBP) will observe extended banking hours till 8:00 P.M.on June 30, 2021 (Wednesday) for which purpose a special clearing has been arranged at 8:00 P.M. on the same day by the NIFT.

All banks were also advised to keep their concerned branches open on June 30, 2021 (Wednesday) till such time that is necessary to facilitate the special clearing for Government transactions by the NIFT.

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