Tuesday December 28, 2021

SBP Decides To Keep Banks Open On Dec 30-31

KARACHI: The State Bank of Pakistan (SBP) decided on Tuesday (today) to keep the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National Bank of Pakistan (NBP) open till 8pm on Dec 30 and 9pm on Dec 31.

The central bank has taken the measure in order to facilitate collection of government receipts, duties and taxes.

The central bank said in a statement that NIFT has been advised to arrange a special clearing till 8pm on Dec 31, Friday for the same day clearing of payment instruments.

The SBP advised all the banks to keep their relevant branches open on Dec 31, 2021 (Friday) till such time to facilitate the special clearing for government transactions by NIFT.

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