Banks’ deposits increase 20.1% YoY to Rs28.32tr in March

MG News | April 17, 2024 at 12:16 PM GMT+05:00

0:00

April 17, 2024 (MLN): The total deposits held by scheduled banks have moved up by 20.11% YoY to Rs28.32 trillion in March 2024 compared to Rs23.58tr in March 2023.

According to data released by the SBP, Banks' deposits have edged higher by 1.56% MoM, compared to Rs27.89tr in February 2024.

Total advances increased by 1.09% to Rs11.96tr compared to Rs11.83tr from a year ago. On a monthly basis, advances decreased by 0.81% from their value of Rs12.06tr in February 2024.

Advances to Deposit Ratio (ADR) stood at 42.24% showing a decrease of 795 bps on a yearly basis and a decrease of 101 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs26.27tr compared to Rs19.22tr from a year ago and Rs25.45tr from a month ago, showing a YoY increase of 36.71% and a MoM increase of 3.23%.

Investment to Deposit Ratio (IDR) moved up by 1126 bps to 92.76% compared to March 2023 and by 150 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,495.00	74,210.00 70,200.00	850.00 1.20%
BRENT CRUDE	103.89	103.95 97.60	3.43 3.41%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.90 -11.49%
ROTTERDAM COAL MONTHLY	122.70	123.80 122.70	-1.10 -0.89%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	99.31	99.32 92.04	3.58 3.74%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%