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

By 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	131,176.40 73.64M	0.37% 489.75
ALLSHR	81,639.81 346.18M	0.41% 334.56
KSE30	40,111.55 31.92M	0.42% 166.10
KMI30	191,132.18 37.36M	0.23% 434.13
KMIALLSHR	55,131.55 169.19M	0.10% 57.39
BKTi	35,005.42 6.16M	1.26% 437.02
OGTi	28,583.18 2.85M	-0.54% -156.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,555.00	110,525.00 109,375.00	-860.00 -0.78%
BRENT CRUDE	68.45	68.89 68.38	-0.35 -0.51%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.76	67.18 66.69	-0.24 -0.36%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%