SBP Announces Bank Holiday on 3 July 2023

The State Bank of Pakistan (SBP) has announced a bank holiday on 3 July 2023 (Monday).

In a notification, the central bank stated, “The State Bank of Pakistan will remain closed for public dealing on 3rd July, 2023 (Monday), which shall be observed as Bank Holiday.”

It added, “All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the aforementioned date.”

However, the State Bank of Pakistan (SBP) said that employees of all banks / DFIs / MFBs will attend the office as usual.

It is pertinent to mention that SBP has already announced bank holidays from 28th to 30th June 2023 (Wednesday to Friday) for Eid-ul-Adha.

It means that SBP and other commercial banks shall remain closed for a total of six days (including the weekend).

Read more: SBP Hikes Monetary Policy Rate to 22%, Highest Ever in History.

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