Banking sector ADR improves to 44.3% as of Oct

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	184,129.58 798.69M	-1.97% -3702.50
ALLSHR	110,763.73 1,266.28M	-1.85% -2087.96
KSE30	56,278.51 173.32M	-2.19% -1261.46
KMI30	259,907.89 102.57M	-2.03% -5380.16
KMIALLSHR	71,198.64 822.49M	-1.72% -1247.03
BKTi	53,693.69 102.25M	-2.59% -1425.61
OGTi	37,589.24 28.20M	-2.72% -1052.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,590.00	66,900.00 60,005.00	2795.00 4.38%
BRENT CRUDE	67.39	68.82 66.87	-0.16 -0.24%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-4.50 -4.76%
ROTTERDAM COAL MONTHLY	101.30	101.30 101.30	0.80 0.80%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.07	64.58 62.31	-0.22 -0.35%
SUGAR #11 WORLD	14.19	14.30 14.14	-0.08 -0.56%