SBP Orders Commercial Banks To Keep Branches Open

sbp directives for commercial banksISLAMABAD – Given the last date of tax submission, State Bank of Pakistan directs all commercial banks to keep open their branches on Monday.

Earlier, the first of Ramadan is the closing day for public for Zakat cutting in the bank.

“Besides banking transactions the banks would deduct zakat on opening balances of deposits,” SBP notification said.

All branches of National Bank will remain open till 12 midnight, while other branches of other banks till 10 tonight.

About the author

Farhan Khalid

Farhan Khalid is student from University of Central Punjab, Lahore. He has started his career as Tax Accountant and now he works as a photographer in International Islamic University, Islamabad.

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