Opening of selected bank branches on 27th

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Staff Reporter

Karachi

In order to ensure the availability of limited banking services to public at large during the extended holidays on the occasion of Eid-ul-Fitr, it has been decided that banks / MFBs may open their selected branches on Wednesday, May 27 at their own discretion in various business centers / commercial hubs etc. across the country. It may be noted that RTGS System and Clearing through NIFT will not be available on the above-mentioned date. Accordingly, NIFT will collect Financial Instruments from branches on Thursday (May 28) for clearing purposes, said a news release issued by the State Bank of Pakistan on Wednesday. For this purpose, banks / MFBs should ensure the deployment of minimal number of staff necessary to carry out smooth working at their selected branches on the above date.

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