Source:The State Bank of Pakistan (Karachi)
Posted: Wednesday, July 18, 2012 Updated: Tuesday, August 6, 2019
The State Bank of Pakistan (SBP) has announced that the upcoming 1st of Ramadan would be a bank holiday throughout Pakistan.
The details of the aforementioned announcement, contained in the BPRD Circular Letter No. 17 of 2012, goes on to state that "In case the 1st Ramzan-ul-Mubarak falls on Saturday/Sunday, the next working day i.e. Monday shall be observed as Bank Holiday", a departure from the usual policy of only declaring a day in lieu bank holiday if a bank holiday falls on a Sunday.
As per custom, under similar circumstances (2012-06-25), the aforementioned announcement states that all banks/DFIs/MFBs will remain closed for public dealing on that date.
Links and References
Below are links to the news stories referred to in the above "Pakistan Bank Holiday July 23" news story, as well as links to subsequents news stories which refer to the present news story.
