The State Bank of Pakistan (SBP) and all other banks will be closed for public business on Monday, 4 April, to observe a ‘Bank Holiday’ for Zakat deduction.
Development Finance Institutions (DFIs), Microfinance banks (MFBs), and all other banks will be closed to the public on Monday.
On the Bank Holiday, which will be observed as a working day, all of these institutions’ employees will carry out their official tasks except client dealing, in-office, or through work-from-home (WFH), as per the official instructions.
According to the central bank’s announcement, it will be closed for public trading on Monday, “which shall be observed as Bank Holiday for the purpose of Zakat deduction”.
“However, all staff of banks, DFIs, and MFBs will report to work on Bank Holiday as a normal working day (except for public trading),” the statement continued.
