Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 17 of 2012
  July 17, 2012

The Presidents/Chief Executives
All Banks/DFIs/Microfinance banks


Dear Sir/Madam,

Bank Holiday

The State Bank of Pakistan will remain closed for public dealings on 1st Ramzan-ul-Mubarak 1433 A.H., which will be observed as Bank Holiday for deduction of Zakat, as usual. In case the 1st Ramzan-ul-Mubarak falls on Saturday/Sunday, the next working day i.e. Monday shall be observed as Bank Holiday for the purpose of deduction of Zakat.

All banks/DFIs/MFBs shall, therefore, remain closed for public dealing on the above day. However, all officers/staff of the banks/DFIs/MFBs will attend the office on Bank Holiday treating it as normal working day (except for public dealings).



Yours truly
,

Sd/-

(Mahmood Shafqat)
Additional Director




       
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