Banks to remain closed for public dealing on January 1

KARACHI -UNS: KARACHI: The State Bank of Pakistan (SBP) announced on Friday that all banks and financial institutions to remain closed for public dealing on January 1, 2025 (Wednesday) which will be observed as a “bank holiday”.

In a statement, the central bank said that the development finance institutions (DFIs) and micro finance banks (MFBs) will also remain shut on the first day of the new year.

However, the SBP further clarified that all employees of the banks, DFIs and MFBs will attend their offices as usual on the New Year’s eve.

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