LAHORE:  The State Bank of Pakistan is to observe January 1 as bank holiday and to remain closed for public. “Banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) would therefore, remain closed for public dealing on the above date,” says a statement by the SBP on Monday. “However, all employees of banks, DFIs, and MFBs will attend the office as usual,” the statement held.–Staff Reporter