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.
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).