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	151,707.52 244.73M	-0.79% -1200.45
ALLSHR	90,950.95 421.06M	-0.91% -834.89
KSE30	45,918.57 92.97M	-0.83% -386.29
KMI30	220,125.22 87.98M	-0.85% -1889.21
KMIALLSHR	59,363.52 256.09M	-1.02% -613.27
BKTi	41,297.63 25.33M	-0.60% -248.70
OGTi	31,189.41 18.57M	-2.53% -809.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,180.00	69,315.00 65,710.00	-2590.00 -3.77%
BRENT CRUDE	114.57	114.88 105.09	6.56 6.07%
RICHARDS BAY COAL MONTHLY	111.15	111.15 111.15	0.35 0.32%
ROTTERDAM COAL MONTHLY	122.70	125.00 122.70	-0.15 -0.12%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	101.18	101.24 92.08	6.70 7.09%
SUGAR #11 WORLD	15.75	15.93 15.66	-0.12 -0.76%