All commercial banks across Pakistan will remain closed on Wednesday, December 25, 2024, as the country observes a public holiday for Quaid-e-Azam Day and Christmas. The State Bank of Pakistan (SBP) announced this holiday in an official statement, aligning with the government’s declared public holiday schedule.
The SBP circular confirmed that Wednesday, December 25, would be a bank holiday in honor of Mohammad Ali Jinnah, the founder of Pakistan, and for the Christmas festivities celebrated by the Christian community. In addition to banks, the Pakistan Stock Exchange (PSX) will also remain closed on the same day to mark the public holiday.
December 25 holds special significance in Pakistan as it commemorates the birth anniversary of Quaid-e-Azam Mohammad Ali Jinnah, a day that highlights his immense contribution to the country’s creation. Simultaneously, it is a day of joy and celebration for Christians as they observe Christmas, a major religious festival.
This dual celebration brings together people of all faiths, fostering unity and respect for diverse cultural and religious traditions in Pakistan. The government’s declaration of this holiday reflects the country’s commitment to honoring its founding leader while also respecting the religious sentiments of its Christian citizens.
As the nation prepares for this important day, people are reminded to plan their banking needs accordingly, as no financial transactions or stock trading will take place on December 25. This day offers a chance for reflection, celebration, and unity across Pakistan.
