2025-02-05

The Saudi Founding Day Holiday for 1446 H

The Saudi Central Bank issued this circular to designate Sunday, 24/8/1446 H (23 February 2025 G), as an official Founding Day holiday for entities under its supervision. Banks, exchange houses, and payment service providers must open designated branches at airports and border crossings during the holiday, operate for specified periods, and notify the Central Bank of branch names and working hours while publicly announcing these arrangements. This directive implements Royal Order No. 371/A and exercises the Central Bank’s statutory authority to determine holidays and operating hours for regulated financial institutions.

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Saudi Central Bank

Reference No.: 1-6885309
Date: 07/08/1446 H Attachments: None

Circular

Recipients / Gentlemen
Peace, mercy of God and blessings be upon you,

Subject: Founding Day Holiday for the Year 1446 H

Referring to the Noble Royal Order No. (371/A) dated 24/6/1443 H, which approved the twenty-second day of February each year as a holiday commemorating the establishment of the Saudi State, named (Founding Day), and to be an official holiday; and based on the Central Bank's authority to determine holidays for entities under its supervision and their working hours, we inform you of the following:

First: Sunday, dated 24/8/1446 H (corresponding to 23/2/2025 G), shall be an official holiday.

Second: Banks, exchange houses, and payment service providers are required to open a number of branches in locations necessitating interaction with them at airports and various border crossings, operating for a specified period during the aforementioned holiday, and to notify the Central Bank of branch names and working hours, as well as announce this through appropriate means.

For information and action accordingly.

Accept my regards,

In the name of Allah, the Most Gracious, the Most Merciful
Yazid bin Ahmed Al-Sheikh
Deputy Governor for Supervision

Distribution Scope:

  • All financial institutions under the supervision of the Saudi Central Bank.

P.O. Box 2992 Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000
P.O. Box: 2992, Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000