Daily The Business

LCCI hails SBP for extending bank timings

Our Special Correspondent

Lahore:  The Lahore Chamber of Commerce & Industry has hailed
State Bank of Pakistan for accepting its demand and extending bank
timings during the Holy Month of Ramazan.

The LCCI President Almas Hyder, Acting President Khawaja Shahzad Nasir
and Faheem-ur-Rehman Saigal said that good response from the State
Bank of Pakistan to the LCCI demand would give a big relief to the
business community.

It is pertinent to mention here that in a letter written to the
Governor State Bank of Pakistan, the Lahore Chamber of Commerce &
Industry demanded bank timings during the Holy Month of Ramazan from
10 am to 4 pm. The Lahore Chamber of Commerce & Industry further
stated in the letter that normally banks observe 8 am to 2 pm timings
during Ramazan whereas, the markets start functioning around 11 am due
to which most of the business transactions remain unattended that
cause huge loss to them.

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