Bangladesh Bank has rescheduled the office timings for all finance companies operating in observance of the upcoming holy month of Ramadan.
According to a circular issued by the Department of Financial Institutions and Markets (DFIM) on Monday, the new office timings to accommodate employees and clients during the fasting period.
The central bank has directed that all finance companies follow the schedule below starting from the first of Ramadan.
An overview of Ramadan and how Muslims observe the sacred month
From Sunday to Thursday, office time set 9:30 am to 4:00 pm includes a 15-minute break from 1:15 PM to 1:30 PM for Zuhr prayers.
The directive, signed by Director Syed Mahbubul Alam, specifies that office hours will revert to the standard pre-Ramadan schedule immediately following the conclusion of the holy month.
All Managing Directors and Chief Executive Officers of banks and finance companies have been instructed to ensure the immediate implementation of these timings.