Banks’ deposits increase 20.3% YoY to Rs29.35tr in May

MG News | June 07, 2024 at 03:15 PM GMT+05:00

0:00

June 07, 2024 (MLN): The total deposits held by scheduled banks have moved up by 20.34% YoY to Rs29.35 trillion in May 2024 compared to Rs24.39tr in May 2023.

According to data released by the SBP, Banks' deposits have jumped by 3.28% MoM, compared to Rs28.42tr by the end of April 2024.

Total advances edged up by 0.8% to Rs12.17tr compared to Rs12.07tr from a year ago. On a monthly basis, advances increased by 1.17% from their value of Rs12.03tr in April 2024.

Advances to Deposit Ratio (ADR) stood at 41.46% showing a decrease of 804 bps on a yearly basis and 87 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs28.92tr compared to Rs20.14tr from a year ago and Rs27.28tr from a month ago, showing a YoY increase of 43.58% and a MoM increase of 6.02%.

Investment to Deposit Ratio (IDR) moved up by 1,595 bps to 98.55% compared to May 2023 and increased by 254 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	184,129.58 798.69M	-1.97% -3702.50
ALLSHR	110,763.73 1,266.28M	-1.85% -2087.96
KSE30	56,278.51 173.32M	-2.19% -1261.46
KMI30	259,907.89 102.57M	-2.03% -5380.16
KMIALLSHR	71,198.64 822.49M	-1.72% -1247.03
BKTi	53,693.69 102.25M	-2.59% -1425.61
OGTi	37,589.24 28.20M	-2.72% -1052.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,750.00	71,690.00 60,005.00	6955.00 10.90%
BRENT CRUDE	67.84	68.83 66.56	0.29 0.43%
RICHARDS BAY COAL MONTHLY	96.00	96.00 96.00	1.50 1.59%
ROTTERDAM COAL MONTHLY	102.75	103.25 101.30	2.25 2.24%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.39	64.58 62.20	0.10 0.16%
SUGAR #11 WORLD	14.14	14.30 14.07	-0.13 -0.91%