Dhaka, Dec. 30 -- All scheduled banks operating in Bangladesh will remain closed on Wednesday (December 31), following the government's declaration of a public holiday in honor of the late former Prime Minister and BNP Chairperson, Begum Khaleda Zia.

The Department of Off-site Supervision (DOS) of Bangladesh Bank issued a circular to the Managing Directors and Chief Executives of all banks on Tuesday to confirm the closure.

The decision follows a notification from the Ministry of Public Administration, which declared a one-day public holiday by executive order due to the passing of the former Prime Minister.

According to the circular, banks will observe 'Bank Holiday' on Wednesday (December 31). Despite the general closure, banks may k...