Bank holiday today

Collected Photo

A bank holiday is being observed across the country on Wednesday (July 1), with all customer banking services and stock market trading remaining suspended nationwide.

According to Bangladesh Bank sources, July 1 is observed as the half-yearly closing date for the banking sector.

Scheduled banks use the day to reconcile accounts, prepare half-yearly financial statements and complete other year-end accounting formalities.

Trading at both the Dhaka Stock Exchange and Chittagong Stock Exchange will also remain closed.

However, the head offices of commercial banks, Bangladesh Bank and a limited number of designated branches will remain open to carry out internal account reconciliation, financial reporting and essential administrative work.