KARACHI  - Karachi Chamber of Commerce and Industry (KCCI) President Abdullah Zaki has urged Governor of SBP that keeping in view the hardship being faced by business community, the existing banks’ timings for the holy month of Ramazan be revised and extended up to 3:30PM.

In a statement issued, Abdullah Zaki said that business community, particularly the businesses of small traders were suffering badly due to lack of banking facilities during peak hours as currently banks remain open from 8:00AM to 1:30PM only.

He suggested that bank timings should be revised and the commercial banks, instead of remaining open from 8:00AM to 1:30PM, be directed to start providing banking services from 10:00AM to 3:30PM so that the business community, particularly small traders could smoothly carry out their financial transactions.

He said that it is a well-known fact that business activities in almost all commercial markets across the city start off at 12:00PM whereas commercial banks wrap up banking services at 1:30PM, which leaves very little time to carry out important financial transactions and usually results in postponing many transactions to next day due to unavailability of banking services.