Banks to Remain Closed on May 28 in Observance of Youm-e-Takbeer

Banks On May 28, 2025, Pakistan will observe Youm-e-Takbeer, a national holiday commemorating the country’s historic nuclear tests conducted on this day in 1998. In line with the government’s declaration, all banks, including the State Bank of Pakistan (SBP), commercial banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs), will remain closed across the country.

Significance of Youm-e-Takbeer

Youm-e-Takbeer, meaning “Day of Greatness,” marks the day when Pakistan conducted five successful nuclear tests in the Chagai region of Balochistan. This achievement made Pakistan the seventh nation globally and the first in the Muslim world to possess nuclear weapons. The event is a source of national pride, symbolizing the country’s self-reliance and determination to safeguard its sovereignty.

Government’s Announcement

Prime Minister Shehbaz Sharif announced the public holiday on May 27, 2025, emphasizing the importance of unity in strengthening the nation’s defense. He highlighted that Youm-e-Takbeer serves as a reminder of the collective resolve to uphold Pakistan’s integrity and to reject any external pressure compromising its defense. The Prime Minister also paid tribute to the leadership of former Prime Minister Nawaz Sharif and the contributions of scientists who played pivotal roles in Pakistan’s nuclear program.

Implications for the Banking Sector

The closure of banks on Youm-e-Takbeer will affect routine banking operations, including financial transactions, clearing, and settlement processes. Customers are advised to plan their banking activities accordingly to avoid any inconvenience. Online banking services may remain operational; however, it’s recommended to confirm with individual banks for specific services available on the holiday.

Conclusion

Youm-e-Takbeer is a day of national reflection and pride, celebrating Pakistan’s achievements and reaffirming its commitment to sovereignty and self-reliance. The closure of banks on this day underscores the significance of the occasion and allows citizens to participate in commemorative events and activities. As the nation observes this important day, it stands united in honoring its history and looking forward to a secure and prosperous future.