The State Financial institution of Pakistan (SBP) on Tuesday introduced a financial institution vacation throughout the nation on January 1, 2026.
In an announcement, the central financial institution stated that each one banks and monetary establishments will stay closed for public dealings on the primary day of the brand new 12 months.
The event finance establishments (DFIs) and micro finance banks (MFBs) can even stay shut on January 1.
Nonetheless, the SBP clarified that each one workers of the banks, DFIs and MFBs will attend their workplaces as ordinary on the financial institution vacation.
The financial institution vacation permits industrial banks to finish year-end processes and guarantee a easy transition into the brand new monetary 12 months.
