KARACHI: The entire banking sector will observe holiday on Thursday July 1 for annual closure of the accounts and all the banks and financial institutions would remain closed for public dealing. According to a circular letter issued on Monday by SBP’s Banking Policy and Regulations Department, the State Bank of Pakistan would remain closed for public dealing on Thursday, July 1, which shall be observed as Bank Holiday enabling the Bank to close its accounts. All banks, Development Finance Institutions (DFIs) and Micro Finance Banks (MFBs) would remain closed for public dealing on the date, the circular letter said and added that employees of the banks, DFIs and MFBs would attend the office as usual.
