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SBP allows opening of banks during Eid holidays

SBP allows opening of banks during Eid holidays

KARACHI: The State Bank of Pakistan (SBP) directed banks to open their 50 percent branches on May 10 and 11, 2021 during Eid holidays to facilitate trade and industry.

In a statement, the central bank said that in order to ensure the availability of banking services to trade and industry in particular and public in general during the extended holidays before the forthcoming Eid-ul-Fitr, it has been decided that banks shall open 50 percent of their total authorized branches dealing in foreign exchange and trade activities on 10th May, 2021 (Monday) while the remaining 50 percent of such branches on 11th May, 2021 (Tuesday) from 9:00 a.m. to 2:00 p.m. (without break).