Bank deposits increase 1.8% to Rs31.3tr in Sep

News Image

By Fayaz Hussain | October 23, 2024 at 04:04 PM GMT+05:00

0:00

October 23, 2024 (MLN): The total deposits held by scheduled banks have moved up by 1.8% to Rs31.34 trillion in September compared to Rs30.78tr by the end of last month.

When compared to the same month of last year, banks' deposits have risen by 19.1%, compared to Rs26.32tr held in September 2023, data released by the central bank showed.

Total advances increased by 4.2% to Rs12.31tr compared to Rs11.81tr a month ago. Meanwhile, advances increased by 3.8% from their value of Rs11.86tr from a year ago.

As a result of weak momentum of deposits and strong inflow of advances, the Advances to Deposits Ratio (ADR) rose to 39.3%, an increase of 90 basis points on a monthly basis.

Meanwhile, when compared to a year ago, ADR showed a decrease of 579bps.

Total investments decreased by 1.1% to Rs30.7tr from last month. While compared to last year, investments rose 35.7%.

Investment to Deposit Ratio (IDR) moved down by 288bps to 97.9% compared to last month and increased by 1199 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,250.00 110,965.00
109,200.00
-35.00
-0.03%
BRENT CRUDE 68.91 69.14
68.32
-0.20
-0.29%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 109.15 109.80
109.15
0.15
0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.37 67.58
66.65
-0.08
-0.12%
SUGAR #11 WORLD 16.16 16.20
15.44
0.58
3.72%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg