Pakistan-Banks remain closed four days this week

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KARACHI – All commercial banks will remain closed for four days from March 23 (Thursday) on account of Pakistan Day and another day for Zakat deduction.

In a statement, the central bank said it will remain closed for public dealing on Friday, March 24, 2023, which will be observed as a ‘Bank Holiday’ for the purpose of deduction of Zakat.

As March 23 is already a bank holiday, Friday has now been declared another bank holiday since the 1st of Ramadan-ul-Mubarak, which will be followed by Saturday and Sunday.

SBP maintained that all banks/DFIs/MFBs will remain closed for public dealing on March 24, saying employees of the banks/DFIs/MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing).Branches of commercial banks will remain open on Saturday.

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