The State Bank of Pakistan (SBP) on Friday announced bank timings with five working days. The notification from the State Bank came after the federal government decided not to reinstate the Saturday weekly off, and decided to go with six working days with decreased working hours.

According to a notification issued in this regard, banks will observe office hours from 9am to 5:30pm Monday to Thursday with a prayer/lunch break from 1:30pm to 2:15pm.

On Friday, banks will observe timings from 9am to 6pm with a prayer/lunch break.

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The Securities & Exchange Commission of Pakistan (SECP) offices will be open on Saturday, but the stock market and the business sector will operate on a five-day schedule and will be closed on Saturday.

The Pakistan People’s Party (PPP) government implemented two-day weekly holidays in 2011 with the goal of conserving energy.