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	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	113,390.00 108,020.00	-4475.00 -3.97%
BRENT CRUDE	67.48	67.94 67.29	-0.50 -0.74%
RICHARDS BAY COAL MONTHLY	92.00	0.00 0.00	2.10 2.34%
ROTTERDAM COAL MONTHLY	99.60	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	64.55 63.88	-0.59 -0.91%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%