Banks to remain open on May 23-24 for Eid-related transactions

Star Business Report

Bangladesh Bank (BB) has directed all banks to keep their branches, and sub-branches open on May 23 and 24 ahead of Eid-ul-Azha to facilitate financial transactions and salary payments for garment workers.

The central bank issued a circular in this regard, stating that all bank branches across the country will remain open during regular banking hours on the upcoming Saturday and Sunday.

Banks, however, will remain closed from May 25 to May 31 for the Eid holidays.

The directive follows a government notification regarding the upcoming Eid-ul-Azha holidays.

To ensure smooth payment of wages, bonuses, and other allowances for workers employed in the garment sector, BB instructed commercial bank branches in Dhaka, Ashulia, Tongi, Gazipur, Savar, Bhaluka, Narayanganj, and Chattogram to continue limited banking operations on May 25 and 26.

According to the circular, these branches will operate from 10:00am to 3:00pm, while customer transactions will be allowed from 10:00am to 1:00pm.

The central bank also said that bank branches, sub-branches, and booths located in sea, land, and airport port areas must continue limited operations during the Eid holidays, except on Eid day itself, to support import and export activities.

Officials and employees assigned duty during the holidays will receive allowances in accordance with existing rules, the circular added.