Thu, 21 Nov 2024, 05:54 am

Banks, financial institutions and stock markets reopen

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  • Update Time : Monday, July 5, 2021
  • 299 Time View

Banks, financial institutions and stock markets resumed operations today (Monday) after four days of closure due to bank holidays, weekends and strict lockdown.

Bangladesh Bank (BB) on Wednesday last announced four days of closure for banks and financial institutions in line with the strict lockdown measures to prevent the spread of Covid-19 infection.

As per the BB announcement, banks and financial institutions will remain open for customers till 1:30 pm from Monday to Thursday.

 

Trading in the stock markets will continue from 10:00 am to 1:00 pm. Normally, stock trade takes place from 10:00 am to 2.30 pm.

Bangladesh Bank on Wednesday said banks will be remained closed for four days due to bank holidays, weekends and strict lockdown declared by the government.

BB also declared the banks closed on Sunday. During the rest of the lockdown period, banks will have to keep one non-AD branch open within a 2-km radius in the city corporation areas.

Private commercial banks will have to open a branch in each district headquarter and at least two branches outside the district sadar. The state-owned banks will have to keep at least one branch open in every district and upazila.

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