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	167,346.83 1,004.31M	0.66% 1103.93
ALLSHR	101,585.71 1,816.82M	0.45% 452.89
KSE30	51,193.07 238.52M	0.60% 306.47
KMI30	241,742.81 114.47M	0.26% 626.15
KMIALLSHR	66,704.29 951.52M	0.28% 184.85
BKTi	48,187.89 155.95M	1.00% 476.82
OGTi	32,653.86 16.59M	0.73% 235.25

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,525.00	111,065.00 108,140.00	-3580.00 -3.19%
BRENT CRUDE	61.66	61.69 61.38	0.34 0.55%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.10 -1.35%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.60	57.64 57.34	0.36 0.63%
SUGAR #11 WORLD	15.24	15.82 15.10	-0.48 -3.05%