Banks closed for public operations on January 1

However, the SBP clarified that all employees of banks, DFIs, and MFBs will report to work as usual on New Year's Eve.

Canada Global (Web News) The State Bank of Pakistan (SBP) announced on Friday that all banks and financial institutions will be closed to the public on January 1, 2025 (Wednesday), designated as a “bank holiday.”

According to a statement from the central bank, development finance institutions (DFIs) and microfinance banks (MFBs) will also remain closed on the first day of the new year.

However, the SBP clarified that employees of banks, DFIs, and MFBs are expected to report to work as usual on New Year’s Eve.

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