Banks’ deposits edge up to Rs30.71tr in August

MG News | September 05, 2024 at 03:20 PM GMT+05:00

0:00

September 05, 2024 (MLN): The total deposits held by scheduled banks have moved up by 0.4% to Rs30.71 trillion as of August 2024 compared to last month, according to weekly data released by the central bank as of August end.

On a yearly basis Banks' deposits have increased by 17.6% compared to Rs26.11tr in August 2023.

Total advances increased by 0.25% to Rs11.81tr compared to Rs11.78tr from a year ago. On a monthly basis, advances decreased by 0.56% from their value of Rs11.87tr in July 2024.

Advances to Deposit Ratio (ADR) stood at 38.44% showing a decrease of 666 bps on a yearly basis, while showing a decrease of 36 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs31.02tr compared to Rs22.02tr from a year ago and Rs30.43tr from a month ago, showing a YoY increase of 40.88% and a MoM increase of 1.92%.

Investment to Deposit Ratio (IDR) moved up by 1,666 bps to 100.99% compared to August 2023 and increased by 155 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,830.22 319.89M	-0.14% -243.51
ALLSHR	102,922.38 808.59M	-0.19% -197.80
KSE30	52,169.49 112.77M	-0.13% -68.01
KMI30	242,960.31 62.27M	-0.31% -745.44
KMIALLSHR	66,780.42 307.03M	-0.21% -140.25
BKTi	47,435.60 66.45M	0.00% 0.50
OGTi	33,373.62 6.42M	0.72% 237.60

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,390.00	87,795.00 86,650.00	-295.00 -0.34%
BRENT CRUDE	62.46	62.73 62.20	0.08 0.13%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.40 2.71%
ROTTERDAM COAL MONTHLY	96.45	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.54	58.75 58.22	0.16 0.27%
SUGAR #11 WORLD	15.29	15.34 15.16	0.09 0.59%