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.
-
Canadian dollar drops as Trump’s tariffs take effect after failed trade deal
-
Michael Saylor explains Bitcoin’s ‘digital energy’ concept
-
Alibaba announces massive $10B Hong Kong share sale to fund AI expansion
-
Apple paid $17 billion in taxes to Ireland last year: Everything to know
-
Micron commits $10 billion to Boise lab for next-gen AI memory breakthroughs
-
Samsung Electronics to unveil $72 billion shareholder return plan, reports say
-
Bitcoin, crypto stocks surge 11% as Trump pushes CLARITY Act at White House summit
-
US weekly jobless claims fall again: What it means for the economy
-
Marvell issues $12.2B stock warrant to Google in major custom AI chip deal
-
Germany calls for urgent action as the humanoid robot race intensifies: Here’s why
-
Amazon Prime Air set to expand drone deliveries to nearly 500 US cities by 2026: What to know
-
Unitree soars 629% in stock market debut as China accelerates robotic advancement overhaul