What is the difference between a national holiday and a bank holiday?
Quick Answer: A national holiday is a day recognized by the government to celebrate an important event or person, often with widespread observance. A bank holiday specifically refers to days when banks and some businesses close, which may or may not coincide with national holidays.
National holidays highlight key moments in a country's history or culture, like independence day or a famous leader’s birthday. Everyone usually gets the day off, and public celebrations are common.
Bank holidays started mainly for financial institutions to pause operations. While banks close on these days, not all businesses or schools necessarily do. Sometimes, bank holidays are also national holidays, but sometimes they are just extra days off set by law.