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	155,511.57 420.21M	4.55% 6768.25
ALLSHR	92,721.58 662.75M	4.09% 3646.62
KSE30	47,156.33 206.60M	4.72% 2124.72
KMI30	225,408.12 190.37M	4.32% 9332.56
KMIALLSHR	60,577.26 399.44M	3.83% 2234.76
BKTi	43,286.39 78.15M	6.37% 2591.83
OGTi	32,400.29 21.42M	3.59% 1121.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,300.00	69,585.00 67,750.00	265.00 0.39%
BRENT CRUDE	100.68	105.94 98.35	-3.29 -3.16%
RICHARDS BAY COAL MONTHLY	112.50	0.00 0.00	2.10 1.90%
ROTTERDAM COAL MONTHLY	113.75	116.50 113.75	-5.25 -4.41%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	99.40	103.31 96.50	-1.98 -1.95%
SUGAR #11 WORLD	15.24	15.44 15.05	-0.28 -1.80%