The financial landscape of Bangladesh is set for a brief hiatus as the central bank mandates a nationwide closure of all financial institutions. According to a directive issued by Bangladesh Bank on Tuesday, 3 February 2026, all non-bank financial institutions (NBFIs) will remain shut on 11 and 12 February (Wednesday and Thursday). This measure has been taken to facilitate the upcoming 13th National Parliamentary Election and National Referendum.
A Direct Result of Executive Order
The notification, released by the Financial Institutions and Markets Department (DFIM) of the central bank, aligns with a prior announcement from the Ministry of Public Administration. On 25 January, the Ministry declared these dates as public holidays via an executive order to ensure the smooth conduct of the democratic process.
By exercising the powers granted under Section 41 (2) (g) of the Financial Institutions Act, 2023, the central bank has instructed Managing Directors and Chief Executive Officers of all registered financial entities to cease operations during this period. The move is designed to allow employees and stakeholders to participate fully in the electoral process and the concurrent national referendum.
The Extended Break: A Four-Day Hiatus
While the official election-related closure spans two days, the timing creates a significant “long weekend” for the sector. As Friday and Saturday (13 and 14 February) constitute the standard weekly holidays in Bangladesh, the financial sector will effectively be offline for four consecutive days.
| Date | Day | Status | Reason |
| 11 February | Wednesday | Closed | 13th National Election & Referendum |
| 12 February | Thursday | Closed | 13th National Election & Referendum |
| 13 February | Friday | Closed | Weekly Holiday |
| 14 February | Saturday | Closed | Weekly Holiday |
Implications for Consumers and Markets
With the doors closing on Tuesday evening and not reopening until Sunday morning, 15 February, the central bank has advised institutions to ensure that digital banking services and ATM networks remain robust. This ensures that while physical branches are dormant, the public can still access essential funds. Analysts suggest that such an extended break may lead to a surge in transactions leading up to 10 February, as businesses and individuals move to settle accounts before the shutdown.
The 13th National Parliamentary Election marks a pivotal moment for the country, and this regulatory pause reflects the government’s commitment to prioritizing civic duties over commercial activities during this high-stakes period.