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	160,101.03 374.97M	-1.27% -2062.78
ALLSHR	97,525.54 1,017.39M	-1.28% -1263.78
KSE30	48,859.40 134.69M	-1.13% -559.19
KMI30	232,188.88 82.63M	-1.44% -3403.91
KMIALLSHR	63,958.79 443.85M	-1.53% -996.37
BKTi	44,948.04 67.45M	-1.08% -489.73
OGTi	31,541.13 6.10M	-1.89% -609.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,405.00	116,285.00 113,620.00	335.00 0.29%
BRENT CRUDE	64.31	65.76 64.00	-1.31 -2.00%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.55 -0.68%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.08	61.50 59.76	-1.23 -2.01%
SUGAR #11 WORLD	14.39	14.59 14.28	-0.07 -0.48%