Banks to remain closed Aug 5

Staff Reporter:

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.