Eid holidays extend bank closure to 4 days

Pakistan’s financial sector will remain closed for four consecutive days as Eid-ul-Fitr holidays align with Pakistan Day and the weekly off, creating an extended break.

The closure will impact institutions including the State Bank of Pakistan, commercial banks, the Pakistan Stock Exchange (PSX), and the Securities and Exchange Commission of Pakistan (SECP).

Eid and Pakistan Day holidays combine

Eid-ul-Fitr holidays will be observed on March 20 and 21, during which banking services, financial transactions and stock trading will remain suspended across the country.

The تعطیلات will extend further due to Sunday’s weekly off, followed by the Pakistan Day public holiday on March 23, resulting in a continuous four-day closure.

Operations to resume on March 24

All financial institutions are expected to resume normal operations on Tuesday, March 24. Trading at the Pakistan Stock Exchange will restart the same day, along with routine banking services.

Temporary pause in financial activity

The extended break will briefly halt financial activity, including transactions and market trading. However, operations are expected to return to normal immediately after the holidays, limiting any long-term impact.