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Rs 827.2 billion drawn from ATMs throughout Ramazan, Eid


Round Rs 827.2 billion had been reportedly drawn from Automated Teller Machines (ATMs) throughout Ramazan and Eid holidays, via roughly 63.2 million transactions.

Solely on Eid, Rs137.8 billion had been withdrawn via 11.6 million ATM transactions. The State Financial institution of Pakistan (SBP) collaborated with business banks to make ATM providers obtainable for folks on holidays and different festivals.

SBP fashioned a particular group via which they monitored ATMs throughout Ramazan and Eid as there’s a excessive demand for money throughout these festivals.

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In addition to, the banks additionally managed to maintain a median uptime of 96.5 % which additional improved to 98 % throughout Eid-ul-Fitr holidays earlier this month. The particular group carried out nationwide operations on all banks via each on-site and off-site inspections and monitoring.

Throughout these holidays, solely 500 complaints had been obtained from the general public and had been instantly resolved. SBP praised the efforts of the banks to take care of the provision of providers throughout these festivals.

“SBP firmly resolves to maintain facilitating the general public and finishing up comparable workouts in future as properly to facilitate most people at massive,” learn an announcement from the financial institution.



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Zain Ali

Zain Ali

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