Banks to remain closed on August 5

All scheduled banks in Bangladesh will remain closed on August 5 in observance of "July Uprising Day," a newly declared public holiday.

Bangladesh Bank issued a circular in this regard recently.

The central bank's Department of Off-site Supervision issued the circular to ensure compliance with a government notification from the Cabinet Division which designated August 5 as a national holiday.

On August 5, 2024, former prime minister Sheikh Hasina fled to India following a mass uprising that began in July, leading to the fall of her government.

The central bank has advised all stakeholders to plan their financial transactions accordingly due to the closure.

HKJ