Bank Holidays

Bank holidays are public holidays during which banks and many other businesses are closed for the day. These holidays are designated by law or regulation and typically provide workers with a day off from their regular employment. The term is often used in relation to specific days recognized for their significance, which can vary by country. Common examples of bank holidays include New Year’s Day, Christmas Day, and Independence Day, among others. The purpose of bank holidays is to give individuals time to celebrate significant events, observe traditions, or commemorate important historical moments. The designation of these holidays can have implications for various sectors, including finance, retail, and public services, as they typically result in altered business operations and schedules.