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business
Monday Mar 23 2020
By
Web Desk

SBP revises bank timings, says branches to remain open with critical staff

By
Web Desk
Files

KARACHI: The State Bank of Pakistan (SBP) said Monday all banks would functional with their critical staff and operate from 10am to 4:30pm, starting March 24 [Tuesday], as the country faces a significant growth in the number of coronavirus cases.

Six coronavirus deaths have been recorded in the country so far, while nearly 900 people have been infected with the virus.

Handout via Geo.tv

In its circular, the SBP said: "All branches/ work places will remain open, throughout Pakistan with bare minimum staff for ensuring the continuity of essential banking services.

"Under this arrangement, from March 24, 2020, branches/ work places will open (from Monday to Friday) at 10:00 am and close at 4:30 pm till further instructions by SBP.

"SBP is constantly evaluating the situation and implementing a number of measures to ensure the continuity of banking services during these difficult times,” the circular read.

It added that should a coronavirus case emerge at the premises of a branch, then it should be closed temporarily after intimation to the relevant authorities.

“The guidelines issued by World Health Organization, the Government of Pakistan and the Provincial Governments shall be implemented, in letter and spirit, to ensure the safety and health of employees & customers and cleanliness at the workplace,” the circular added.