ISLAMABAD: The State Bank of Pakistan (SBP) has announced that all banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) across the country will remain closed for public dealings on July 1, 2026, as the day will be observed as a Bank Holiday.
In a circular issued on Wednesday, the central bank said customers will not be able to conduct transactions at bank branches on the designated holiday. However, bank employees will attend their offices and carry out official work as usual.
The announcement comes a day after the SBP announced public holidays on June 25 and 26, 2026, on the occasion of Ashura (9th and 10th Muharram 1448 AH), in line with a notification issued by the federal government.
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With the Ashura holidays followed by the Bank Holiday on July 1, the central bank has advised customers and businesses to plan their banking activities accordingly.
The SBP said the holiday schedule will be observed by all banks, DFIs, and MFBs nationwide.
