Banking

SBP Issue notification to opening of selected branches of banks

Karachi, July 08, 2022: In order to ensure the availability of banking services to trade & industry, in particular and public in general, during the extended holidays on the occasion of Eid-ul-Adha, it has been decided that banks / MFBs shall arrange to open selected branches, only on Friday, July 8, 2022 from 9:00 a.m. to 4:00 p.m. situated in close proximity of cattle markets, big cities, business centers, commercial markets & hubs, ports etc. throughout the country.

However, it maybe noted that RTGS System and Clearing through NIFT will not be available on the afore-mentioned date. Accordingly, all clearing transactions including foreign exchange conversion transactions will be settled on the next working day i.e. Wednesday, July 13, 2022.

Banks / MFBs should ensure the deployment of minimal number of staff necessary to carry out smooth working at such branches on the above date.

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