Around Rs 827.2 billion were reportedly drawn from Automated Teller Machines (ATMs) during Ramazan and Eid holidays, through approximately 63.2 million transactions.
Only on Eid, Rs137.8 billion were withdrawn through 11.6 million ATM transactions. The State Bank of Pakistan (SBP) collaborated with commercial banks to make ATM services available for people on holidays and other festivals.
SBP formed a special team through which they monitored ATMs during Ramazan and Eid as there is a high demand for cash during these festivals.
Besides, the banks also managed to sustain an average uptime of 96.5 percent which further improved to 98 percent during Eid-ul-Fitr holidays earlier this month. The special team performed nationwide operations on all banks through both on-site and off-site inspections and monitoring.
During these holidays, only 500 complaints were received from the public and were immediately resolved. SBP praised the efforts of the banks to maintain the availability of services during these festivals.
“SBP firmly resolves to keep facilitating the public and carrying out similar exercises in future as well to facilitate the general public at large,” read a statement from the bank.