Latest bank timings for Ramzan 2021
SBP issues Ramzan timings for banks, development finance institutions, microfinance banks
KARACHI: The central bank on Tuesday released the Ramzan timings for banks, development finance institutions and microfinance banks.
As per the State Bank of Pakistan's (SBP) statement, from Monday to Thursday the banks will have working hours from 10:00am to 4:00pm. It added that a prayer break will be given from 2:00pm to 2:15pm on these four days.
For Fridays, the office hours will be from 10.00am to 1:00pm without break.
For public dealing, the SBP said that banks will operate 10:00am to 1:30pm without break.
On the other hand, on Fridays banking hours for public dealing will be from 10:00am to 1:00pm.
"After the holy month of Ramadan-ul-Mubarak, the above timings will automatically be reverted to pre Ramadan-ul-Mubarak timings," said the SBP statement.
A day earlier, SBP had announced that it will remain closed for public dealings on the 1st of Ramadan which shall be observed as a “Bank Holiday” for the deduction of Zakat.
"All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1442 AH," a statement from the central bank said.
-
IMF warns of slower global growth after US-Iran conflict escalates -
Blue Origin seeks $130B valuation in first outside funding push -
Why Apple is committing $30 billion to Broadcom for US chipmaking push -
Amazon seeks to raise $25 billion through bond sale: report -
Bank of England warns AI poses growing threat to financial stability -
Samsung posts 1,800% profit surge as AI chip sales soar -
OPEC+ to raise oil output from August amid easing global supply concerns -
Inside UK’s easyJet Deal: Journey 'from start-up to takeover' explained
