SBP, banks to observe six days working week

Banks / Microfinance banks are further advised to observe the following minimum business hours for public dealing


APP April 14, 2022
The World Bank executive director post is considered prestigious and prized and people, who are considered close to the PM, have in the past lobbied to win it. PHOTO: file

ISLAMABAD:

The State Bank of Pakistan (SBP) on Wednesday decided to observe six days working week with revised working hours.

According to a notification issued by the SBP, the office hours for the central bank, all commercial banks, development finance institutions and micro finance banks during the month of Ramadan-ul-Mubarak would be as follows:

Monday to Thursday and Saturday from 8:00 am to 3:00 pm with prayer break from 1:00 pm to 1:30 pm whereas on Fridays office hours will be from 8.00 am to 1:00 pm without break. Banks / Microfinance banks are further advised to observe the following minimum business (banking) hours for public dealing: Monday to Thursday and Saturday from 8:00 am to 1:00 pm without prayer break whereas on Fridays office hours will be from 8.00 am to 12:00 pm without break.

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