Banking sector spread compresses by 15 bps MoM in Sept’21
MG News | October 21, 2021 at 12:11 PM GMT+05:00
October 21, 2021 (MLN): The Banking sector spread for September 2021 shrunk by 15.05 basis points (bps) over the month which brings its latest value to 4.11% as compared to prior month's spread of 4.26%.
According to the monthly data released by State Bank of Pakistan on Weighted Average Lending & Deposit Rates, the banking spread has depressed by 47 bps as compared to the same period last year.
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