ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday asked the State Bank of Pakistan (SBP) to revisit the notified banking hours for the holy month of Ramazan-ul-Mubarak.
The SBP has notified the banking hours for all working days to be 8:00am to 1:45pm without any break while it is 8:00am to 12:30pm for Friday which is not going down well with some of the businesses, it said.
The authorities should see the issue of bank timings from a different perspective so that it can benefit all the stakeholders, said FPCCI president Ghazanfar Bilour.
The banking hours for public dealing during the Ramazan are not suitable for some sections of the business community which must be considered, he added.
Ghazanfar Bilour said that the business hours for banks during Ramazan should be changed from 10.00am to 3.45pm. Such a move will help the masses and the business community to get better advantage of the banking services, he added. The schedule for Development Finance Institutions and Microfinance Institutions should also be reconsidered by the authorities, he said.