Banks to remain closed on May 28 in observance of Youm-e-Takbeer
"The State Bank of Pakistan will remain closed on May 28, 2025," says central bank
May 23, 2025
All banks across the country will remain closed on May 28 (Wednesday) in observance of Youm-e-Takbeer.
The public holiday has been declared by the Government of Pakistan to commemorate the historic nuclear tests conducted on May 28, 1998, which marked Pakistan's emergence as a nuclear power.
"The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of "Youm-e-Takbeer", as declared by the Government of Pakistan," a notification issued by the central bank read.
A public holiday was announced by the Sindh government on Monday to mark the historic occasion.
The provincial government issued a notification regarding the closure of government and private institutions.
The Pakistan Stock Exchange (PSX) also announced that it will remain closed on May 28.
May 28 is observed as a gazette holiday across the country, which was already notified by the Cabinet Division last year.
Pakistan, with the successful nuclear tests, became the seventh nuclear-armed country in the world and the first in the Islamic world.
India tested its "device" for the first time in 1974, which compelled Pakistan to expedite its nuclear programme with renewed commitment.
Amid slogans of "Allah-o-Akbar", Pakistan conducted its first test on May 28, 1998, at the Ras Koh hills in the Chaghai District of Balochistan.
The nuclear tests not only demonstrated Pakistan's resolve to safeguard the country's territorial integrity, independence and sovereignty but also the desire to preserve strategic balance in South Asia.
