SBP releases Ramadan banking hours.

For the month of Ramadan, the State Bank of Pakistan (SBP) has released updated office and business hours.

The SBP published a notice on Monday outlining the modified timetable that all banks, development financial institutions, and microfinance banks (MFBs) shall adhere to throughout the holy month.

The SBP and its associated institutions will keep office hours throughout Ramadan from Monday through Thursday from 9 a.m. to 3:30 p.m., with a planned prayer break from 2 p.m. to 2:30 p.m.

There will be no noon break on Fridays, and business hours will be from 8:30 am to 1 pm.

Furthermore, banks and MFBs have been recommended to keep public banking hours open from Monday through Thursday from 9 a.m. to 2 p.m. without a break and from 8:30 a.m. to 1 p.m. on Fridays without a break.

The warning went on to say that after the holy month is over, these modified timings would automatically return to their pre-Ramazan timetables. The precise commencement of Ramadan is dependent on the moon’s sighting, which is anticipated to occur on March 12 or 13.

On March 8, the State Bank of Pakistan (SBP) had declared that the first of Ramadan will be a bank holiday, with the central bank remaining closed to the public.