Banks’ deposits dip by Rs424bn in April: SBP

News Image

MG News | May 17, 2022 at 03:53 PM GMT+05:00

May 17, 2022 (MLN): The total deposits held by scheduled banks have declined slightly by 2.1% MoM or Rs424 billion to stand around Rs20.1 trillion in the fourth month of the calendar year 2022 i.e., April 2022, data issued by State Bank showed today

Similarly, on a yearly basis, local banks’ deposits jumped by 14% YoY from Rs20.5tr in March 2022 on account of strong overseas inflows.

According to the data provided by SBP, investments jumped to Rs15.2tr in April’22, showing a growth of 22.5% on a yearly basis. The higher growth in investments can be attributed to higher borrowings by the sector.

On a sequential basis, the total investments by commercial banks increased slightly by 1.3% from Rs12.4tr in the previous month.

Consequently, banks' investment to deposit ratio (IDR) on monthly basis jumped by 254 bps to 76% by end of April’22, whereas on a yearly basis, it increased by 514 bps from 70.7%.

Similarly, demand for advances posted positive growth of 23% YoY during the month under review to Rs10.6tr. On a monthly basis, it inched up by 3% MoM from Rs10.3tr.

Meanwhile, the advances to deposits ratio (ADR) inclined by 371 bps to 53% in April’22 compared to 49.3% in the same month last year.

While on a sequential basis, ADR increased by 361 bps from its previous month’s level of 50.4%.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,021.80
127.60M
-0.81%
-1370.52
ALLSHR 101,556.94
354.31M
-0.67%
-689.83
KSE30 49,991.48
75.67M
-0.94%
-476.61
KMI30 238,953.80
53.22M
-0.89%
-2154.95
KMIALLSHR 65,832.11
176.71M
-0.62%
-413.39
BKTi 46,602.60
33.62M
-0.83%
-389.71
OGTi 34,306.19
5.41M
-0.53%
-182.74
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,200.00 0.00
0.00
115.00
0.15%
BRENT CRUDE 105.62 108.59
104.00
-3.13
-2.88%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
4.60
3.67%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
-0.50
-0.36%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 102.02 105.63
100.97
-3.81
-3.60%
SUGAR #11 WORLD 18.01 18.18
17.68
0.07
0.39%

Chart of the Day


Latest News
September 16, 2026 at 11:44 PM GMT+05:00

Petrol price jumps Rs6.88, diesel Rs5.62 from Sept 17


September 16, 2026 at 08:25 PM GMT+05:00

China remains largest source of FDI into Pakistan in August 2026


September 16, 2026 at 07:57 PM GMT+05:00

Power sector again tops FDI inflows in August 2026


September 16, 2026 at 05:30 PM GMT+05:00

MTL profit jumps 28% to Rs8bn, declares Rs11 final dividend



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg