Banks’ deposits increase 20.8% YoY to Rs30.8tr in June

MG News | July 05, 2024 at 03:53 PM GMT+05:00

0:00

July 05, 2024 (MLN): The total deposits held by scheduled banks have moved up by 20.8% YoY to Rs30.81 trillion in June 2024 compared to Rs25.51tr in June 2023.

According to data released by the SBP, Banks' deposits have risen by 4.99% MoM, compared to Rs29.35tr in May 2024.

Total advances increased by 2.01% to Rs12.45tr compared to Rs12.2tr from a year ago. On a monthly basis, advances increased by 2.28% from their value of Rs12.17tr in May 2024.

Advances to Deposit Ratio (ADR) stood at 40.4% showing a decrease of 744 bps on a yearly basis, while showing a decrease of 107 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs30.15tr compared to Rs20.9tr from a year ago and Rs28.92tr from a month ago, showing a YoY increase of 44.29% and a MoM increase of 4.24%.

Investment to Deposit Ratio (IDR) moved up by 1,593 bps to 97.85% compared to June 2023 and decreased by 70 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	160,101.03 374.97M	-1.27% -2062.78
ALLSHR	97,525.54 1,017.39M	-1.28% -1263.78
KSE30	48,859.40 134.69M	-1.13% -559.19
KMI30	232,188.88 82.63M	-1.44% -3403.91
KMIALLSHR	63,958.79 443.85M	-1.53% -996.37
BKTi	44,948.04 67.45M	-1.08% -489.73
OGTi	31,541.13 6.10M	-1.89% -609.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	112,580.00	113,380.00 112,530.00	-1165.00 -1.02%
BRENT CRUDE	64.54	64.59 64.45	0.14 0.22%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.55 -0.68%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.26	60.31 60.13	0.11 0.18%
SUGAR #11 WORLD	14.39	14.59 14.28	-0.07 -0.48%