The State Bank of Pakistan has announced that all banks and financial institutions across the country will remain closed on May 1 (Friday) in observance of Labour Day, 24NewsHD TV reported on Tuesday.
According to the SBP, the decision follows the government’s official notification declaring May 1 as a public holiday.
All public and private banks, as well as development finance institutions and microfinance banks, will remain closed on the aforementioned date.
Public and private banks and other financial institutions will reopen and resume normal working on Monday, May 4, 2026.