SBP announces office, business hours during Ramadan

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KARACHI: The State Bank of Pakistan Friday announced the office timings for all banks, development finance institutions and microfinance banks during the holy month of Ramadan-ul-Mubarak 1443 AH. According to a notification issued in this regard, Monday to Thursday from 10:00 am to 4:00 pm with prayer break from 2:00 pm to 2:15 pm whereas on Fridays office hours will be from 10.00 am to 1:00 pm without break. However, it is further advised to observe the following minimum business (banking) hours for public dealing: Monday to Thursday from 10:00 am to 1:30 pm without break whereas on Fridays business (banking) hours for public dealing will be from 10:00 am to 1:00 pm without break. However, except Friday, banks / Microfinance banks may observe extended business (banking) hours for public dealing from 10:00 a.m. to 3:00 p.m. (with 15 minutes prayer break) as per their business requirements. After the holy month of Ramadan-ul-Mubarak, the above timings will automatically be reverted to pre Ramadan-ul-Mubarak timings. DNA