Banks’ deposits increase by 11.83% YoY to Rs25.5tr: SBP

MG News | July 12, 2023 at 01:38 PM GMT+05:00

0:00

July 12, 2023 (MLN): The total deposits held by scheduled banks have moved up by 11.83% YoY to Rs25.5 trillion in June 2023 compared to Rs.22.8 tr in June 2022.

Accoring to data released by the SBP, Banks deposits have edged higher by 4.59% MoM, compared to Rs24.38 tr in May 2023.

Total advances increased by 12.09 % to Rs12.2 tr compared Rs10.88 from a year ago. On a monthly basis, advances increased by 1.08 % from its values of Rs12.07 tr in May 2023.

Advances to Deposit Ratio (ADR) stood at 47.84% showing a decrease of 166 bps on a monthly basis and an increase of 12 bps on a yearly basis.

Total Investments of Scheduled Banks stood at Rs20.89 tr compared to Rs.20.14 tr from a month ago and Rs17.41 tr from a year ago, showing a MoM increase of 3.73% and a YoY decrease of 19.96%.

Investment to Deposit Ratio (IDR) moved down by 68 bps to 81.92% compared to May 2023 and increased by 555 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,257.01 562.77M	1.87% 2976.92
ALLSHR	99,380.23 1,709.54M	1.45% 1420.48
KSE30	49,723.02 249.85M	2.19% 1064.70
KMI30	242,320.07 203.65M	1.92% 4557.15
KMIALLSHR	67,250.10 719.31M	1.41% 933.64
BKTi	43,218.98 85.51M	2.61% 1101.06
OGTi	33,939.93 32.55M	2.48% 822.14

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,540.00	110,495.00 109,270.00	-480.00 -0.44%
BRENT CRUDE	69.38	69.75 69.11	-0.04 -0.06%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	92.90	92.90 92.90	0.10 0.11%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	64.96	65.40 64.66	-0.02 -0.03%
SUGAR #11 WORLD	16.31	16.41 16.21	0.03 0.18%