Banks to Open for Limited Hours on May 28 During Eid Holidays

Banks in the Maldives will remain open for limited hours on 28 May, despite the extended government holidays declared for Eid al-Ad’ha, the Maldives Monetary Authority (MMA) has announced.

The government has declared 24 to 30 May as public holidays for Eid al-Ad’ha. However, according to the central bank, banking services will be available on 28 May from 8:30 am to 2:00 pm.

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MMA has advised the public to withdraw sufficient cash and coins during the current week, ahead of the holiday period. The authority said cash and coin withdrawal services will not be available on 28 May.

Hajj Day falls on 26 May this year, followed by Eid al-Ad’ha on 27 May. The public holidays will continue until 30 May.

The decision to open banks for part of the holiday period is expected to provide limited access to essential banking services, while MMA’s notice on cash withdrawals signals the need for households and businesses to prepare in advance.