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	172,400.73 346.40M	0.92% 1570.51
ALLSHR	103,483.96 796.97M	0.55% 561.58
KSE30	52,734.06 184.56M	1.08% 564.57
KMI30	245,565.33 110.97M	1.07% 2605.02
KMIALLSHR	67,233.70 319.67M	0.68% 453.28
BKTi	47,898.10 95.85M	0.98% 462.51
OGTi	33,838.49 13.78M	1.39% 464.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,825.00	90,115.00 86,915.00	75.00 0.09%
BRENT CRUDE	60.80	62.67 60.56	-1.44 -2.31%
RICHARDS BAY COAL MONTHLY	87.50	0.00 0.00	1.05 1.21%
ROTTERDAM COAL MONTHLY	94.50	0.00 0.00	-0.70 -0.74%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	56.93	58.88 56.65	-1.42 -2.43%
SUGAR #11 WORLD	15.17	15.28 15.08	-0.12 -0.78%