SBP, other banks will remain closed on May 1


SBP, other banks will remain closed on May 1

ISLAMABAD: The State Bank of Pakistan (SBP), all commercial banks, the Pakistan Stock Exchange (PSX) and government offices will remain closed for three consecutive days this week due to Labour Day and the weekly holidays.

According to official circulars issued by the relevant institutions, May 1, 2026 (Friday) will be observed as a federal public holiday on account of Labour Day. The closure has been confirmed by the State Bank of Pakistan as well as other financial and administrative authorities.

The Pakistan Stock Exchange has also issued a separate notification confirming that trading activities will remain suspended on May 1. Market operations will resume after the holiday period.

Since May 2 and May 3 fall on the regular weekly holidays (Saturday and Sunday), banks, PSX, and government offices across the country will remain closed for a total of three consecutive days.

Authorities have advised citizens, businesses and investors to plan their banking transactions, trading activities and official work accordingly to avoid inconvenience.

You May Also Like