Wednesday is a bank holiday
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Sunday
July 03, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
SUNDAY, JULY 03, 2022
Wednesday is a bank holiday

Banking

TBS Report
30 June, 2020, 08:05 pm
Last modified: 30 June, 2020, 08:11 pm

Related News

  • Banks open on 25 June for the Hajj pilgrims
  • Dollar price increases to Tk92.50 Monday
  • Banks to buy dollars from exchange houses at Tk93 max
  • Social Islami Bank arranges employees get together in Sreemangal
  • Bank directors get one-year extension to quit from subsidiaries

Wednesday is a bank holiday

On Wednesday, bankers will calculate their half-yearly operating profits, keeping all the bank branches closed

TBS Report
30 June, 2020, 08:05 pm
Last modified: 30 June, 2020, 08:11 pm
Photo: Rehman Asad
Photo: Rehman Asad

Wednesday is a bank holiday, and on this day people will not be able to make transactions at banks.

Tuesday was June-closing for banks, and tomorrow bankers will calculate their half-yearly operating profits, keeping their branches closed.

So, bankers will have to attend office amid this holiday.

As per the central bank's instruction, banks have to close counter transactions twice a year as bank holiday – on July 1 and December 31 every year.

On those days, banks calculate their income and expenditure to find out yearly and half-yearly profit or loss.

"It has been followed traditionally for many years. Though, because of the recent development of technology based banking, banks do not need the whole day to calculate their operating profit. Earlier, they had to manually check all statements on their ledger books," an official of the Bangladesh Bank told The Business Standard.

Bankers said they still have a massive task to check invoices to finalise income and expenditure.

On the two bank-holidays, there is no scope to receive services at the counters of bank branches.

However, transactions take place by automated teller machines (ATM), mobile banking, agent banking and all types of cards outside of the branches.

Economy / Top News

bank / holiday

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Something's rotten in small-cap scrip rally: Experts
    Something's rotten in small-cap scrip rally: Experts
  • Representational Image. Photo: Courtesy
    Mobile internet users hit hard by VAT hike
  • Photo: Mumit M
    Launch routes suffer over 50% passenger drop

MOST VIEWED

  • City Bank avails $45M syndicated loan from Bank Muscat
    City Bank avails $45M syndicated loan from Bank Muscat
  • Bank Asia  hands certificate to participants of 58th Foundation Training Course
    Bank Asia hands certificate to participants of 58th Foundation Training Course
  • Ahsan H Mansur. TBS Sketch
    It won’t be able to rein in inflation
  • BB bids farewell to easy money policy to tame inflation
    BB bids farewell to easy money policy to tame inflation
  •  File Photo: Mumit M/TBS
    Default loan for buying rawhide can be rescheduled at a 2% down payment
  • Bangabandhu Parishad leaders call on outgoing BB governor 
    Bangabandhu Parishad leaders call on outgoing BB governor 

Related News

  • Banks open on 25 June for the Hajj pilgrims
  • Dollar price increases to Tk92.50 Monday
  • Banks to buy dollars from exchange houses at Tk93 max
  • Social Islami Bank arranges employees get together in Sreemangal
  • Bank directors get one-year extension to quit from subsidiaries

Features

The eye-catching commuter: Suzuki Gixxer SF 155

The eye-catching commuter: Suzuki Gixxer SF 155

17h | Wheels
Photo: Collected

Sapiens – A Graphic History 

1d | Book Review
Black-naped Monarch male  Photo: Enam Ul Haque

Black-naped Monarch: A sovereign who never abandoned the Indian subcontinent

1d | Panorama
The 136-year-old company on its last legs

The 136-year-old company on its last legs

1d | Features

More Videos from TBS

Bangabandhu Tunnel to change lives of million

Bangabandhu Tunnel to change lives of million

4h | Videos
Sowari Ghat's fresh fish market

Sowari Ghat's fresh fish market

4h | Videos
Ukraine changes war strategy under Russian pressure

Ukraine changes war strategy under Russian pressure

5h | Videos
Rajshahi Metropolitan Police observes 30th founding anniversary

Rajshahi Metropolitan Police observes 30th founding anniversary

7h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

3
TBS Illustration
Education

Universities may launch online classes again after Eid

4
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

5
Photo: Collected
Economy

Tech startup ShopUp bags $65m in Series B4 funding

6
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
The Dazzling Fake Flowers: Is there any alternative to artificial flowers while decorating homes, showrooms, offices and business establishments? Fresh flowers are undoubtedly beautiful, but they dry out quickly. Hence, the demand for plastic flowers is rising day by day. Traders said these lifelike silk flowers usually come from China and Thailand. The photo was taken from the 29th International Trade Fair of the Chattogram Chamber on Friday. PHOTO: Mohammad Minhaj Uddin

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net