Inside Financial Markets

Banks to remain Open on Saturdays

In order to facilitate the general public, State Bank of Pakistan (SBP) has asked banks to keep open all branches on first two Saturdays of July 2016. All banks branches were supposed to open only one day (July 4, 2016) during the first ten days of July 2016 due to bank holiday and Eid-ul-Fitr holidays and routine Saturday /Sunday off.

Therefore, the SBP, being fully cognisant of the banking needs of general public, has taken the some measures for smooth availability of banking services during Eid-ul-Fitr holidays. As per the SBP directives, all branches of commercial banks will remain open on 2nd and 9th July, 2016 (Saturdays).Commercial banks will strictly ensure availability of ATM services round the clock.

For early replenishment of cash at ATMs, banks will make proper arrangements of currency stock at the respective ATM feeding branches. Commercial banks shall make public the contact numbers of focal person for quick redressal of all complaints relating to malfunctioning or shortage of currency notes in ATMs. It may be mentioned here that the State Bank has always been endeavouring for smooth provisioning of banking services to the general public at large.

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)