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The State Bank of Pakistan (SBP) has confirmed its closure on Thursday, November 9th, as it has been designated as a public holiday to commemorate Allama Iqbal Day by the Government of Pakistan. This information was conveyed in an announcement made by the central bank on Monday. It’s important to note that the federal government had previously declared November 9 as a public holiday in honor of Allama Iqbal Day.
Commercial banks will also be closed on this day, aligning with the government’s decision. A notification from the Cabinet Division mandated the observance of a public holiday on Allama Iqbal Day across the entire country.
Read more : Govt. Declares Nov 9 Public Holiday For Iqbal Day
In summary, the State Bank of Pakistan and commercial banks will not operate on Thursday, November 9th, due to the government’s declaration of a public holiday for Allama Iqbal Day, as conveyed by the central bank and confirmed by the Cabinet Division’s notification.
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