SBP and Commercial Banks Closed on Youm-e-Takbeer – May 28, 2025

The State Bank of Pakistan (SBP), which is the main bank that controls the country’s money and banking system, has announced it will be closed on Wednesday, May 28, 2025. This is because of a national holiday called Youm-e-Takbeer. The Government of Pakistan has declared this day a public holiday every year to remember an important event in the country’s history.

The SBP made this announcement in an official notice on Friday. It said that on May 28, 2025, the bank will not be open for business, and no financial transactions will take place. Since the State Bank helps manage the country’s money system, its closing affects many other banks and businesses.

Along with the State Bank, all commercial banks in Pakistan will also be closed on this day. This means that customers will not be able to visit their local bank branches to withdraw or deposit money, apply for loans, or do other banking tasks. People and businesses are advised to plan ahead and complete their banking activities before May 28 to avoid any problems.

Also, the Pakistan Stock Exchange (PSX), where people buy and sell company shares, will be closed on the same day. This means that no trading will happen on May 28. Investors, traders, and companies need to keep this in mind when planning their work around that date.

Because the banks and stock exchange will be closed, some daily business activities might slow down for a day. For example, businesses that rely on bank payments or stock trading may have to delay transactions until the next working day. Some government offices may also be closed or have limited services because of the holiday.

Youm-e-Takbeer is a very special day for Pakistan. It marks the day in 1998 when Pakistan successfully tested its nuclear weapons for the first time. This made Pakistan the first Muslim country in the world to have nuclear power. Many people in Pakistan see this day as a moment of great pride because it shows the country’s strength and independence.

On Youm-e-Takbeer, people celebrate by holding special ceremonies and events across the country. These celebrations include flag-raising, speeches by leaders, and patriotic songs. Schools and communities organize programs to teach people, especially the young, about the importance of the day. Many people also use this day to remember the sacrifices made to protect the country’s safety.

In summary, on Wednesday, May 28, 2025, the State Bank of Pakistan, all commercial banks, and the Pakistan Stock Exchange will be closed to observe Youm-e-Takbeer. This means no banking or stock trading will happen that day. People and businesses should get ready for this by planning their financial and trading activities in advance. At the same time, the nation will come together to celebrate an important achievement in Pakistan’s history with pride and respect.

READ MORE: Youm-e-Takbeer 2025: Is May 28 a Public Holiday in Pakistan?