In a recent statement, the Central Bank of Egypt has announced a nationwide bank holiday in observance of the end of the financial year for banks operating in the country. All banks will be closed on Wednesday, January 1, 2025, to mark the conclusion of the fiscal year, with regular banking operations resuming on Thursday, January 2, 2025.
The decision is part of the annual schedule for the banking sector, offering a short break to reflect the closing of the fiscal year for financial institutions. Customers are advised to plan their banking activities accordingly, as services will not be available on the holiday.
This closure is in line with the Central Bank’s practice of closing all banks in Egypt on the first day of the new year to facilitate the transition into the next fiscal cycle.
Focus Key Phrase: Egypt bank holiday January 1 2025
