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Banks to remain closed on April 4 on account of 1st Ramadan

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State Bank of Pakistan. — AFP/File
State Bank of Pakistan. — AFP/File
  • All banks, including SBP, will remain closed for public dealing on Monday for the purpose of deduction of Zakat.
  • April 4, 2022, shall be observed as “Bank Holiday.”
  • However, all employees of the banks will attend the office treating it as a normal working day.

KARACHI: All banks, including the State Bank of Pakistan (SBP), will remain closed on April 4 (Monday) on account of the first of Ramadan.

According to a 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.

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