Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 24 of 2009
August 20, 2009

The Presidents/Chief Executives,
All Banks / DFIs,

Dear Sirs/Madam,

BANK HOLIDAY

    The State Bank of Pakistan will remain closed for public dealings on 1st Ramzan-ul-Mubarak 1430 A.H., which will be observed as Bank Holiday for deduction of Zakat, as usual. In case the 1st Ramzan-ul-Mubarak falls on Sunday, the next working day i.e. Monday shall be observed as Bank Holiday for the purpose of deduction of Zakat. All banks/DFIs shall, therefore, remain closed for public dealing on the above day. However, all officers/staff of the banks/DFIs will attend the office on Bank Holiday treating it as normal working day (except for public dealings).


Yours truly,


sd/
(Muhammad Tahir)
Joint Director

       
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