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

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	152,086.30 193.69M	-2.20% -3425.26
ALLSHR	90,978.95 330.96M	-1.88% -1742.63
KSE30	45,980.88 82.45M	-2.49% -1175.45
KMI30	220,303.03 79.64M	-2.26% -5105.09
KMIALLSHR	59,454.30 190.52M	-1.85% -1122.96
BKTi	42,105.44 28.02M	-2.73% -1180.94
OGTi	31,500.78 8.31M	-2.78% -899.51

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,605.00	68,875.00 66,375.00	-1735.00 -2.54%
BRENT CRUDE	108.52	109.18 99.08	7.36 7.28%
RICHARDS BAY COAL MONTHLY	112.50	0.00 0.00	6.40 6.03%
ROTTERDAM COAL MONTHLY	113.75	0.00 0.00	0.35 0.31%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	107.75	108.03 97.50	7.63 7.62%
SUGAR #11 WORLD	15.44	15.50 15.29	0.15 0.98%