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Business News

Banks to remain open for extended hours on December 30, 31: SBP

by Web Desk December 27, 2022

AA

 Banks to remain open for extended hours on December 30, 31: SBP

The State Bank of Pakistan (SBP) has directed banks to observe extended working hours on December 30 and December 31 to facilitate taxpayers in payments of duty and taxes.

“In order to facilitate the collection of government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorised NBP branches will observe extended banking hours till 8:00pm and 10:00pm on December 30 (Friday) and December 31 (Saturday), respectively,” the central bank said.

To facilitate collection of Govt receipts/duties/taxes, all #SBP-BSC field offices & authorised NBP 𝐛𝐫𝐚𝐧𝐜𝐡𝐞𝐬 𝐭𝐨 𝐨𝐛𝐬𝐞𝐫𝐯𝐞 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐡𝐨𝐮𝐫𝐬 𝐭𝐢𝐥𝐥 𝟖𝐩𝐦 & 𝟏𝟎𝐩𝐦 𝐨𝐧 𝟑𝟎𝐭𝐡 & 𝟑𝟏𝐬𝐭 𝐃𝐞𝐜𝟐𝟐, respectivelyhttps://t.co/Ty5a4MWVmC pic.twitter.com/hg17pc3cR3

— SBP (@StateBank_Pak) December 26, 2022

The authorised branches of the National Bank of Pakistan (NBP) and field offices of the State Bank of Pakistan (SBP) will work till 8pm on December 30 and till 10pm on December 31.

The SBP asked all banks to keep their concerned branches open on December 31 till such time that is necessary to facilitate the special clearing for government transactions by the National Institutional Facilitation Technologies (NIFT).

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