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Pakistan 2016 Eid-ul-Fitr Bank Holidays

Source: The State Bank of Pakistan (Karachi)
Posted: Friday, July 1, 2016
Most recent follow-up news item: August 25, 2017

The State Bank of Pakistan (SBP) has announced that the State Bank of Pakistan and the commercial banks of Pakistan would observe their annual Eid-ul-Fitr bank holidays from July 5-8, 2016, meaning that, in conjunction with the subsequent weekend, banks in Pakistan will remain closed from July 5-10, 2016.

The details of the aforementioned announcement, contained in a BPRD Circular Letter, which as per custom (2016-06-29, 2016-06-01, 2015-08-11, 2015-06-29, 2014-12-30, 2014-06-27, 2013-12-30, 2013-10-12, 2013-08-13, 2013-07-10, 2013-06-28, 2013-04-29, 2013-02-02, 2013-01-23, 2012-12-31, 2012-11-06, 2012-07-18 and 2012-06-25), goes on to state that the aforementioned announcement states that all banks/DFIs/MFBs will remain closed for public dealings on that date.

As Monday, July 4, 2016, will be the only day when Pakistani banks would normally open in the period of July 1-10, 2016, since July 1st is already a bank holiday in Pakistan (2016-06-29), the State Bank of Pakistan (SBP) has called on banks to keep open all branches on the first two Saturdays of July 2016.

Links and References

Below are links to the news stories referred to in the above "Pakistan 2016 Eid-ul-Fitr Bank Holidays" news story, as well as links to subsequents news stories which refer to the present news story.