SBP announces bank holidays from July 5 to 8

KARACHI: The State Bank of Pakistan has announced bank holidays in connection with Eid ul Fitr.

“The banks will remain closed from July 5 to July 8 2016 on the occasion of Eid ul Fitr,” said a statement of SBP on Thursday.

Earlier in order to facilitate the general public, State Bank of Pakistan (SBP) has asked banks to keep open all branches on first two Saturdays of July 2016.

All banks branches were supposed to open only one day (July 4, 2016) during the first ten days of July 2016 due to bank holiday and Eid-ul-Fitr holidays and routine Saturday /Sunday off.

For early replenishment of cash at ATMs, banks will make proper arrangements of currency stock at the respective ATM feeding branches.

Commercial banks shall make public the contact numbers of focal person for quick redressal of all complaints relating to malfunctioning or shortage of currency notes in ATMs.

News Channels, however, reported that the customers were facing problems across the country to withdraw the money from ATMs. Somewhere links were down and somewhere they are out of cash.