Amid uncertainty among banking fraternity regarding post Ramdan timings, SBP has decided to restore Saturday as holiday after an internal meeting today.
SBP made an announcement on twitter stating “#SBP will observe following working days and office timings which shall also be followed by all banks: Monday to Thursday: 09:00 a.m. to 5:30 p.m. Friday: 9:00 a.m. to 6:00 p.m”
#SBP will observe following working days and office timings which shall also be followed by all banks: Monday to Thursday: 09:00 a.m. to 5:30 p.m.
Friday: 9:00 a.m. to 6:00 p.m pic.twitter.com/udpMHLhYb0
— SBP (@StateBank_Pak) May 6, 2022
SBP Had Only Announced Timings for Friday Earlier
It is pertinent to note that SBP had earlier announced the timing for Friday 06-May-2022 only via a circular and the same had been made available on social media platforms as well.
#SBP will observe office hours on Friday, May 6, 2022 from 9am to 6pm (prayer / lunch break 1pm to 2:30pm) which shall also be followed by all banks. Further instructions on regular office timings will be issued subsequently.
See PR: https://t.co/iWjSL43I0i pic.twitter.com/MV6LXldUTJ
— SBP (@StateBank_Pak) May 5, 2022
Because of the ambiguity wether the Saturday will be a working day or not there was so much of a discussion regarding it among the bankers, the decision to make Saturday off came as a sigh of relief for banking community which had protested multiple times in front of SBP building for restoring Saturday as a holiday earlier in the month of Ramadan.
Federal Government Decides Against Restoring Saturday as Holiday
Earlier today Federal Government had decided against restoring Saturday as holiday and retaining 6 working days a week.The notification is said to be issued after confirmation by the Prime Minister of Pakistan Shehbaz Sharif.
Although the working hours of government offices have been reduced, Federal government employees are expressing resentment over this move. The office timings will be from 8 am to 3 pm while for Friday the working hours will be from 8 am to 1 pm.