Banks to remain closed for four days – M Haris

As the preparations for Eid ul Adha are in full swing across the country, the State Bank of Pakistan announced a three-day public holiday for all the banks in Pakistan on Wednesday.

The bankers will have a cumulative four-day off as Saturday and Sunday weekly offs are falling ahead of the Eid holidays.  

A press release issued by the central bank said: “The State Bank of Pakistan will remain closed from 17th to 19th June 2024 [Monday to Wednesday] being public holidays on the occasion of Eid-ul-Adha.”

After the statement, all the banks and other financial institutions will witness a country-wide closure during the said period. The commercial activities will commence from June 20, 2024, Thursday.

The statement comes a day after the federal government announced Tuesday a three-day country-wide holiday for Eid ul Adha from June 17 to 19.

Geo News reported citing sources that Prime Minister Shehbaz Sharif has given his assent to the summary forwarded by the Cabinet Division.

Pakistan will celebrate Eid ul Adha on June 17 after the Zil Hajj moon was sighted on June 7 last week.

The festival falls on the 10th day of Zil Hajj and marks the Hajj pilgrimage.

With Eid ul Adha just around the corner, cattle markets have been set up in different areas for people to purchase cows, goats, sheep and camels for sacrifice.