Banks’ deposits increase 21.3% YoY to Rs28.4tr in April

MG News | May 20, 2024 at 03:13 PM GMT+05:00

0:00

May 20, 2024 (MLN): The total deposits held by scheduled banks have moved up by 21.29% YoY to Rs28.42 trillion in April 2024 compared to Rs23.43tr in April 2023.

According to data released by the SBP, Banks' deposits have edged higher by 0.33% MoM, compared to Rs28.32tr in March 2024.

Total advances decreased by 0.68% to Rs12.03tr compared to Rs12.11tr from a year ago. On a monthly basis, advances increased by 0.54% from their value of Rs11.96tr in March 2024.

Advances to Deposit Ratio (ADR) stood at 42.33% showing a decrease of 936 bps on a yearly basis, while showing an increase of 9 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs27.28tr compared to Rs19.69tr from a year ago and Rs26.27tr from a month ago, showing a YoY increase of 38.52% and a MoM increase of 3.85%.

Investment to Deposit Ratio (IDR) moved up by 1,194 bps to 96.01% compared to April 2023 and increased by 325 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,102.92 254.63M	-0.51% -834.01
ALLSHR	98,424.06 767.06M	-0.39% -385.08
KSE30	49,178.66 92.71M	-0.54% -267.15
KMI30	231,230.31 69.98M	-0.64% -1485.54
KMIALLSHR	64,033.87 360.75M	-0.55% -353.80
BKTi	43,997.64 36.18M	0.12% 50.75
OGTi	32,027.34 12.90M	-0.69% -223.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,250.00	88,150.00 80,750.00	-1190.00 -1.38%
BRENT CRUDE	62.51	63.10 61.87	-0.87 -1.37%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	57.98	58.80 57.38	-1.02 -1.73%
SUGAR #11 WORLD	14.77	14.83 14.56	0.11 0.75%