Bank Holiday on 1st January 2024 – In a recent announcement by the Cabinet Division, a bank holiday has been declared on January 1, 2024, marking the beginning of the New Year. The three-day closure will encompass Saturday, Sunday, and Monday, providing a brief respite for the public. However, it’s important to note that while banks will be closed for regular transactions, all employees are expected to adhere to their normal work schedules.
This annual bank holiday has been instituted for the purpose of closing accounts, ensuring a smooth transition into the new fiscal year. The Cabinet Division’s notification outlines the public and optional holidays for 2024, with the State Bank of Pakistan (SBP) anticipated to release a corresponding notification soon.
This announcement comes on the heels of another recent bank holiday on December 25th, commemorating Quaid-e-Azam Day. As the nation observes these occasions, the routine operations of the banks will resume promptly on the designated dates.
Stay tuned for updates from the State Bank of Pakistan for further details on the upcoming bank holiday.
