The State Bank of Pakistan (SBP) has declared public holidays on July 16th and 17th, 2024, in honor of Ashura, marking the 9th and 10th days of Moharram in the Islamic calendar. This announcement applies nationwide to all allied offices, public and private sector banks, and financial institutions.
In a notification issued on Wednesday, the SBP emphasized the significance of Ashura, a time of solemn observance for the Islamic community. During these two days, normal banking operations will be suspended across the country, impacting services such as transactions, withdrawals, and other financial activities.
Banking services are set to resume on July 18th (Thursday), following the conclusion of the holidays. The SBP’s decision to observe Ashura as public holidays reflects its commitment to supporting cultural and religious practices within Pakistan, allowing both employees and customers to participate in religious ceremonies without disruption.
Customers are advised by the SBP to plan their banking transactions ahead of time to avoid any inconvenience caused by the temporary closure. Urgent financial matters should be addressed before July 16th to ensure timely processing.
For further information and updates, customers are encouraged to contact their respective banks or visit the SBP’s official website.
This initiative by the SBP underscores its dedication to honoring religious traditions while ensuring smooth financial operations across the country.
 has declared public holidays on July 16th and 17th, 2024, in honor of Ashura, marking the 9th and 10th days of Moharram in the Islamic calendar. This announcement applies nationwide to all allied offices, public and private sector banks, and financial institutions.){kind=link}