Bank Holiday 2025 Declared by Bangladesh Bank (BB)
Bangladesh Bank Holiday
Bangladesh, a vibrant and dynamic country located in South Asia, has a diverse cultural and religious heritage, reflected in its calendar of holidays. Among the various holidays celebrated, the Bangladesh Bank holiday holds particular significance, as it impacts both the financial sector and the daily operations of the economy. Understanding the rationale behind these holidays and their implications on the nation’s banking and financial activities provides valuable insight into the country's overall functioning.
What Is a Bangladesh Bank Holiday?
A Bangladesh Bank holiday refers to the days when Bangladesh’s central bank, the Bangladesh Bank (BB), and other financial institutions are closed for operations. These holidays are generally set by the government of Bangladesh or the Bangladesh Bank and are observed nationwide, affecting the functioning of commercial banks, financial institutions, and, in some cases, the stock market. A variety of holidays are considered, ranging from public holidays to special days observed by the central bank due to specific reasons, such as national events, religious observances, or seasonal activities.
Bangladesh Bank has released the list of new holidays for This Year. Employees of banks and financial institutions will enjoy a total of 27 holidays in 2025. Banks will be closed for 27 days in 2025 on the occasion of different public holidays. But out of these 27 days, eight days are Friday and Saturday. Bangladesh Bank (BB) has finalized this list of the next year's holidays for banks in conjunction with government holidays. This year there was a total of 24 days of bank holidays.
Categories of Bank Holidays in Bangladesh
Public Holidays: These holidays are mandated by the government to commemorate national events, historical milestones, and celebrations. Important public holidays that often coincide with bank holidays include:
- Eid ul-Fitr: A major Islamic festival marking the end of Ramadan, celebrated by Muslims throughout Bangladesh.
- Eid ul-Adha: Another significant Islamic festival, also called the Festival of Sacrifice, observed by the Muslim population.
- Pohela Boishakh: The Bengali New Year, a celebration of the first day of the Bengali calendar.
- Independence Day: March 26, which marks Bangladesh's declaration of independence from Pakistan in 1971.
- Victory Day: December 16, commemorating Bangladesh's victory in the Liberation War of 1971.
Religious Holidays: Many of Bangladesh's holidays are determined by the religious calendar, especially for the Muslim community. For example, Eid holidays (Eid ul-Fitr and Eid ul-Adha) see widespread closures in the banking sector, as businesses and individuals participate in religious and family gatherings. The Durga Puja, a major Hindu festival, is another religious holiday that leads to bank closures in areas with large Hindu populations.
National and Governmental Observances: In addition to religious observances, national events such as Language Martyrs’ Day (February 21), marking the day when Bengali-speaking people protested against the imposition of Urdu in the 1950s, can also result in the closure of Bangladesh Bank and related institutions.
Special Events and Urgent Decrees: On rare occasions, bank holidays are declared in response to extraordinary circumstances, such as national emergencies, political decisions, or situations requiring mass gatherings. For example, in the aftermath of disasters like cyclones or floods, the government may declare a bank holiday for safety reasons.
Holiday - Feb 15- 2025 - Saturday
Shab e-Barat (Night of Records)
banks government
Holiday - Feb 21- 2025 - Friday
Shahid Dibosh (International Mother Language Day)
Holiday - Mar 26- 2025- Wednesday
Independence Day (National Day)
Holiday - Mar 28- 2025 - Friday
Shab-e-Qadar (Night of Destiny)
Banks-Government
Holiday -Mar 28- 2025 - Friday
Jumatul Bidah
Holiday -Mar 29- 2025- Saturday
Eid-ul-Fiter Holiday
Banks-Government
Holiday -Mar 30- 2025 - Sunday
Eid-ul-Fiter Holiday
Banks-Government
Holiday -Mar 31 - Monday
Eid-ul-Fiter (End of Ramadan)
Holiday - Apr 1- 2025 - Tuesday
Eid-ul-Fiter Holiday
Banks-Government
Holiday - Apr 2- 2025 - Wednesday
Eid-ul-Fiter Holiday
Banks-Government
Holiday - Apr 14- 2025 - Monday
Pahela Baishakh (Bangla New Year)
Banks-Government
Holiday - May 1- 2025 - Thursday
May Day / May Dibos
Holiday - May 11- 2025 - Sunday
Buddha Purnuma (Buddha Day)
Holiday - June 5- 2025 - Thursday
Eid-ul-Azha Holiday
Banks-Government
Holiday - June 6- 2025 - Friday
Eid-ul-Azha Holiday
Banks-Government
Holiday - June 7- 2025 - Saturday
Eid-ul-Azha (Feast of Sacrifice)
Holiday - June 8- 2025 - Sunday
Eid-ul-Azha Holiday
Banks-Government
Holiday - June 9- 2025 - Monday
Eid-ul-Azha Holiday
Banks-Government
Holiday - June 10- 2025 - Tuesday
Eid-ul-Azha Holiday
Banks-Government
Holiday - July 1- 2025 - Tuesday
July Bank Holiday banks
Holiday - July 6- 2025 - Sunday
Ashura (Muharrum)
Banks-Government
Holiday - Aug 16- 2025 - Saturday
Sri Krishna Janamashtami
Holiday - Sep 5- 2025 - Friday
Eid-e-Milad-un Nabi (The Prophet's Birthday)
Holiday - Oct 1- 2025 - Wednesday
Durga Puja Holiday
Banks-Government
Holiday - Oct 2- 2025 - Thursday
Durga Puja (Bijoya Dashami)
Holiday - Dec 16- 2025 - Tuesday
Bijoy Dibosh (Victory Day)
Holiday - Dec 25- 2025 - Thursday
Christmas Day
Holiday - Dec 31- 2025 - Wednesday
New Year's Eve Bank Holiday
Impact of Bank Holidays on the Economy
The closure of banks during these holidays has several effects on both the financial industry and the broader economy. While most private companies continue operations, the financial institutions’ shutdown creates specific challenges and disruptions:
Delay in Financial Transactions: Transactions such as money transfers, payments, and clearing of checks cannot be processed during the bank holidays. For businesses and individuals needing urgent financial services, the closure may result in delays.
Stock Market Closures: The Bangladesh Stock Exchange (BSE) is also affected by bank holidays. Without operational banks, trading cannot proceed as usual, and thus stock trading may come to a temporary halt.
Business Planning and Payroll: Many businesses, particularly those that rely on banking for payments and payroll distribution, need to plan ahead to avoid delays in their operations. Consequently, employers may release salary payments early to account for the holiday period.
Impacts on the National Economy: In cases of long public holidays, there may be a temporary slowdown in economic activities. This can affect both the consumer market and manufacturing sectors, particularly industries that depend on just-in-time delivery models.
Last year, holidays for Bangabandhu Sheikh Mujibur Rahman’s birthday on Mar 17 and National Mourning Day on Aug 15, the day of the assassination of the nation’s founding father and his family, were observed but have since been cancelled following a recent government executive order.
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