Banks’ deposits increase 17.9% to Rs30.78tr in Aug

MG News | September 19, 2024 at 05:17 PM GMT+05:00

0:00

September 19, 2024 (MLN): The total deposits held by scheduled banks have moved up by 17.9% from a year ago to Rs30.78 trillion in August 2024 compared to Rs26.11tr in August 2023.

According to data released by the SBP, Banks' deposits have edged higher by 0.6% MoM, compared to Rs30.6tr in July 2024.

Total advances increased by 0.28% to Rs11.81tr compared to Rs11.78tr from a year ago. On a monthly basis, advances decreased by 0.54% from their value of Rs11.87tr in July 2024.

Advances to Deposit Ratio (ADR) stood at 38.36% showing a decrease of 673 bps on a yearly basis, while showing a decrease of 43 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs31.03tr compared to Rs22.02tr from a year ago and Rs30.43tr from a month ago, showing a YoY increase of 40.95% and a MoM increase of 1.98%.

Investment to Deposit Ratio (IDR) moved up by 1,651 bps to 100.83% compared to August 2023 and increased by 139 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,115.82 431.76M	-1.03% -1778.46
ALLSHR	102,630.82 1,022.40M	-0.72% -743.98
KSE30	51,478.54 123.81M	-1.23% -641.56
KMI30	245,731.79 184.52M	-1.22% -3035.83
KMIALLSHR	66,650.32 595.11M	-0.81% -541.20
BKTi	47,279.59 41.00M	-1.38% -660.98
OGTi	35,704.94 10.73M	-1.65% -598.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,390.00	80,730.00 79,370.00	45.00 0.06%
BRENT CRUDE	100.25	102.92 99.55	0.19 0.19%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-3.30 -2.91%
ROTTERDAM COAL MONTHLY	107.10	107.75 106.20	2.10 2.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	94.68	98.64 93.82	-0.13 -0.14%
SUGAR #11 WORLD	14.69	14.75 14.46	0.15 1.03%