State Bank of Pakistan

06/22/2022 | Press release | Distributed by Public on 06/22/2022 11:10

BPRD Circular No.2 of 2022 - Measures to Conserve Energy and Fuel in the Banking Sector

a. The banks may formulate a policy on "Work From Home (WFH)" whereby banks' offices (other than branches) can observe, one/two days in every week, as WFH to achieve the intended objectives.

b. The banks may close all of its premises including branches at 7:00 pm or earlier and switch-off their electric supply except for any emergency use, call centers, monitoring of Alternative Delivery Channels (ADCs), back-ups and maintaining necessary electrical/ IT equipment. Moreover, the air-conditioners at ATMs vestibules may be used economically.

c. The electrically illuminated sign-boards of branches and other offices shall remain switched-off, at all times.

d. The banks are encouraged to hold their meetings (intra/inter-city etc.) virtually and also curtail their local as well as international travelling expenses.

e. The banks shall encourage their staff to pool their transportation for commuting to and from their respective offices and take any other measure(s) for reducing the commutation time of the bank staff.

f. The banks may adopt the use of alternate and cost effective sources of energy such as deployment of solar technologies and encourage use of energy efficient equipment, fixtures and appliances in their premises.

g. The banks may take any other steps/ actions to curtail the consumption of electricity and fuel in their respective offices including branches.