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Eid Holiday for Banks

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4747

Posts

EW MASTER

Latest post on 13 August 2011 - 01:14

eid holidays might start on 29 or 30 aug for 2 days so its a little confusion. no different from usual, at least the last couple of years they have done there best in trying to announce holidays a little bit in advance, in the past it was wake and see what the radio was saying to know when ramadan or other holidays had started etc. the thing with ramadan is a moon sighting, usually there is 29 days of ramadan but it can go over to 30 like last time. so then eid would be starting a day later. they past a law recently saying i think that 30th will always be a holiday if i remember rightly.

1381

Posts

EW OLDHAND

Latest post on 13 August 2011 - 00:05

eid holidays might start on 29 or 30 aug for 2 days so its a little confusion.

4747

Posts

EW MASTER

Latest post on 12 August 2011 - 19:22

however long ramadan lasts whether 29 or 30 days it means that eid will be in the working week, so hopefully will not fall over a weekend this time.

4747

Posts

EW MASTER

Latest post on 12 August 2011 - 19:19

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open Er - no. Bank will close for 2 - 3 days (can't remember which one) and this is governed by Central Bank who will inform the banks that they need to shut and when they have to reopen. This will apply to all branches. err not in the past.... years and years ago, the banks would be closed for all holidays from start to finish which could be 10 days etc, but as they are private business they now do not close all of the time. yes they are governed by the central bank, and are told what they can do, has there been any mention in the papers? i havent been looking at the local ones for a little while, so am not up to date with the papers. it does depend on which holidays too. They are still closed from start to finish - they are usually the same as private sector. A circular is sent from Central bank before the holiday and this is non negotiable and applies to all branches. This applies to all public holidays. thats what i just said they are two types of holidays, private and public. they will follow the private sector holidays which are always shorter and often fall on a weekend anyways, so the banks will be open the majority of the time, because the public sector always gets more time off. being an eid holiday it will only be a couple of days. in the past they would be shut for weeks at a time, not so now.

Princess_I45169

1953

Posts

EW EXPERT

Latest post on 12 August 2011 - 19:16

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open Er - no. Bank will close for 2 - 3 days (can't remember which one) and this is governed by Central Bank who will inform the banks that they need to shut and when they have to reopen. This will apply to all branches. err not in the past.... years and years ago, the banks would be closed for all holidays from start to finish which could be 10 days etc, but as they are private business they now do not close all of the time. yes they are governed by the central bank, and are told what they can do, has there been any mention in the papers? i havent been looking at the local ones for a little while, so am not up to date with the papers. it does depend on which holidays too. They are still closed from start to finish - they are usually the same as private sector. A circular is sent from Central bank before the holiday and this is non negotiable and applies to all branches. This applies to all public holidays.

4747

Posts

EW MASTER

Latest post on 12 August 2011 - 19:14

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open Er - no. Bank will close for 2 - 3 days (can't remember which one) and this is governed by Central Bank who will inform the banks that they need to shut and when they have to reopen. This will apply to all branches. err not in the past.... years and years ago, the banks would be closed for all holidays from start to finish which could be 10 days etc, but as they are private business they now do not close all of the time. yes they are governed by the central bank, and are told what they can do, has there been any mention in the papers? i havent been looking at the local ones for a little while, so am not up to date with the papers. it does depend on which holidays too.

Princess_I45169

1953

Posts

EW EXPERT

Latest post on 12 August 2011 - 17:53

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open Er - no. Bank will close for 2 - 3 days (can't remember which one) and this is governed by Central Bank who will inform the banks that they need to shut and when they have to reopen. This will apply to all branches.

DubaiCheeky43311

163

Posts

EW NEWBIE

Latest post on 12 August 2011 - 14:22

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open Hopefully HSBC Jebel Ali will be the chosen branch to be open then! DC

4747

Posts

EW MASTER

Latest post on 12 August 2011 - 14:16

in the past all the banks would close for any sort of holiday and so all the atms would run dry, nowadays the banks just open either shorter hours, or they have at least 1 branch open

DubaiCheeky43311

163

Posts

EW NEWBIE

Latest post on 12 August 2011 - 14:13

Please can someone tell me how many days the banks are normally closed for over Eid Al Fitr? TIA DC

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