All bank branches to remain open from March 24: SBP
The SBP has taken these measures in light of the COVID-19 pandemic
KARACHI (Dunya News) – The State Bank of Pakistan (SBP) on Monday said that all bank branches and workplaces will remain open from March 24.
According to a circular issued by the central bank, the branches will operate with the “bare minimum” staff to ensure banking services continue, and will be open from Monday to Friday at 10:00 am, and close at 4:00pm, until further notice.
The SBP has taken these measures in light of the COVID-19 pandemic. “The State Bank of Pakistan (SBP) is constantly evaluating the situation and implementing a number of measures to ensure the continuity of banking services during these difficult times,” the central bank said.
All ATMs will remain open, along with digital and alternate delivery channels. The SBP has asked banks to be mindful and vigilant of any increased cyber security risks in the current situation.
All call centres and Real Time Gross Settlement systems, or fund transfers between banks in real time, will remain functional and all call centers will remain functional. The trade hubs of banks in all major cities will remain operational as well, again with “bare minimum” staff.
