Banks to remain closed on March 18 for Eid

Bangladesh Bank on Tuesday announced that all scheduled banks will remain closed on March 18 as the government declared the day a public holiday through an executive order on the occasion of Eid-ul-Fitr, reports UNB.

However, some bank branches in key industrial areas will remain open on a limited scale on March 18 and 19 to facilitate the payment of salaries, bonuses and allowances for garment workers.

The central bank's Supervisory Data Management and Analytics Department (SDAD) issued a circular in this regard.

It said bank branches related to the garment industry in several industrial hubs will operate under a special schedule.

The areas include Dhaka metropolitan area, Ashulia, Tongi, Gazipur, Savar, Bhaluka, Narayanganj and Chattogram.

In these branches, office hours will be from 10:00am to 2:00pm while banking transactions will take place from 10:00am to 1:00pm.

The central bank also directed banks to keep branches, sub-branches or booths located in seaports, land ports and airports operational to facilitate import and export activities.