SBP sets reduced office hours for Ramazan

Public dealing to close at 2pm on weekdays, 12:30pm on Fridays

KARACHI:

The State Bank of Pakistan (SBP) on Wednesday announced revised office and business hours to be observed during the ensuing month of Ramazan, 1447 AH, which will also apply to all banks, development finance institutions and microfinance banks.

According to an official statement, SBP offices will remain open from Monday to Thursday between 9am and 3pm without any break. On Fridays, office hours will be from 9am to 12:30pm, also without a break.

The central bank further advised banks and financial institutions to observe separate business hours for public dealing during Ramazan.

Under these arrangements, banking hours for public dealing will be from 9am to 2pm from Monday to Thursday, without a break. On Fridays, public dealing hours will be from 9am to 12:30pm, without a break.

The SBP said that following the conclusion of Ramazan, the revised timings will automatically revert to the pre-Ramazan schedule, without the need for any further notification.