Banking sector spread shrinks by 17 bps MoM in November
MG News | December 21, 2020 at 03:51 PM GMT+05:00
December 21, 2020 (MLN): The Banking sector spread for November 2020 decreased by 17 basis points (bps) over the month which brings its latest value to 4.48% as compared to prior month's spread of 4.65%. Similarly, the spread has shrunk by 153 bps as compared to the same period last year.
Consistent with the State Bank of Pakistan's monthly data released on Weighted Average Lending & Deposit Rates, the lending rate for all banks (inclusive of zero markup) decreased by 29 bps as it stood at 8.11%. Meanwhile, the deposit rate narrowed down by 10 bps over month, thus bringing the latest rate to 3.64%.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,610.00 | 77,935.00 76,105.00 | 1835.00 2.42% |
| BRENT CRUDE | 97.52 | 100.73 96.90 | -6.02 -5.81% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 113.00 | 0.00 0.00 | 0.30 0.27% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.98 | 93.90 90.32 | -5.62 -5.82% |
| SUGAR #11 WORLD | 14.68 | 14.91 14.59 | -0.22 -1.48% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()