Bank Holidays announced for Eid ul Adha 2022

According to the State Bank of Pakistan, all banks will be closed from Saturday, July 9 to Tuesday, July 12 due to Eid-ul-Adha.

KARACHI: State Bank of Pakistan (SBP) has announced bank holidays on the occasion of Eid-ul-Adha 2022.

In a circular issued to the presidents and chief executives of all banks, development financial institutions, and microfinance banks, the central bank said that SBP 9 to 12 July 2022 (Friday to Tuesday) is a public holiday on the occasion of Eid. It will be closed due to

Last week, Pakistani Prime Minister Shahbaz Sharif approved a five-day Eid-ul-Adha holiday. According to a statement issued by the Prime Minister’s Office, Shahbaz Sharif approved the Eid-ul-Adha holidays from July 9 to 12.

It should be noted that Eid-ul-Adha will be celebrated in Pakistan on July 10 (Sunday).

On the other hand, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday opposed the decision of the federal government regarding the five-day Eid-ul-Adha holiday.

In a statement, the FPCCI said the five-day Eid holiday was “not a good decision”.