All banking transactions and trading activities at the country’s two stock exchanges will remain suspended on Tuesday (July 1) due to a Bank Holiday.
As per the Bangladesh Bank’s annual holiday calendar, July 1 and December 31 are designated as Bank Holidays, observed for the purpose of closing and finalizing yearly financial accounts, UNB reports.
All on these two dates—marking the beginning of the fiscal year and the end of the calendar year—scheduled banks across the country suspend all customer-related transactions.
Internal administrative activities will continue at bank headquarters and key branches.
The central bank and other commercial banks will not conduct any transaction or customer-facing activities during the holiday, though limited services such as ATM withdrawals will remain available.
Due to the dependence of stock trading on banking transactions, both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will also suspend trading on Tuesday.
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