All Banks, Financial Institutions Will Remain Close Today

(@fidahassanain)

All Banks, financial institutions will remain close today

A circular issued by the relevant authorities says that the State Bank of Pakistan (SBP) will remain closed for public dealing on Thursday (today), which shall be observed as a bank holiday enabling the banks to close their accounts.

KARACHI: (UrduPoint/Pakistan Point News-July 1st, 2021) All banks and financial institutions will remain closed throughout the country today (July 1) for routine public dealings.

All banks shall remain closed for public dealing as the new financial year starts today.

According to a circular issued, the State Bank of Pakistan (SBP) will remain closed for public dealing on Thursday (today), which shall be observed as a bank holiday enabling the banks to close their accounts.

However, employees of the banks/ DFIs/MFBs will attend the office, as usual, said the central bank.

All banks, development financial institutions (DFIs) and microfinance banks (MFBs) shall, therefore, remain closed for public dealing on the aforementioned date.

Fida Hussnain

Fida Hussnain is a lahore based journalist. He writes on politics, religion, social issues and climate change. He is also a research fellow at University of Gujrat.