Are the banks open today? Are the banks working on Monday June 26?

As preparations for the Eid holiday continue, citizens on administrative leave will have a 9-day holiday, while private sector employees will have a 4.5-day holiday. Citizens trying to complete their work before the holidays wonder if the banks are open today.

ARE THE BANKS OPEN TODAY?

Since the banks are from the private sector, they are not included in the scope of the administrative permit. According to Borsa Istanbul, banks are excluded from the 9-day holiday due to their operation and are expected to open on June 26-27.

Borsa İstanbul continued to work during the last administrative leave and holidays, and was closed only during official holidays.

WHAT IS THE ADMINISTRATIVE PERMIT?

Administrative leave, also known as administrative holiday, is a type of leave that covers public servants only within the scope of Law No. 657. Private sector employees, except public officials, cannot benefit from this leave when an administrative license is granted. Not only civil servants, but also state artists, municipal officials, state performing artists are considered to be on administrative leave. The administrative license, in a way, means the permission granted by the institution where the person works. The administrative license means that the working day is declared a holiday as a consequence of the decision of the Council of Ministers. This holiday is not a legal holiday, as the name suggests, it is a purely administrative holiday.