Banking sector ADR improves to 44.3% as of Oct

By MG News | December 02, 2024 at 08:11 PM GMT+05:00

0:00

December 02, 2024 (MLN): The Advances to Deposit Ratio (ADR) of the banking sector stood at 44.3% as of October 2024, significantly up by 502 basis points compared to the ratio of 39.3% as of September 2024.

Meanwhile, on a yearly basis, the ADR ratio dropped 79bps compared to 45.1% in October 2023.

Total advances increased by 12% to Rs13.78tr compared to Rs12.31tr a month ago. Meanwhile, advances increased by 15.8% from their value of Rs11.9tr from a year ago.

Furthermore, scheduled bank deposits have edged down 0.7% to Rs31.12tr in October compared to Rs31.34tr by the end of last month.

When compared to the same month of last year, banks' deposits have increased by 17.9%, compared to Rs26.4tr held in October 2023.

Total investments decreased by 5.7% to Rs28.94tr from last month. While compared to last year, investments rose 24.6%.

Investment to Deposit Ratio (IDR) moved down by 495bps to 93% compared to last month and increased by 499bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%