Banks’ deposits increase by 15% YoY to Rs26.3tr in September: SBP

News Image

MG News | October 16, 2023 at 12:00 PM GMT+05:00

October 16, 2023 (MLN): The total deposits held by scheduled banks have moved up by 15.33% YoY to Rs26.32 trillion in September 2023 compared to Rs22.82 tr in September 2022.

According to data released by the SBP, Banks' deposits have edged higher by 0.8% MoM, compared to Rs26.11 tr in August 2023.

Total advances increased by 6.97% to Rs11.86 tr compared to Rs11.08 from a year ago. On a monthly basis, advances increased by 0.69% from its values of Rs11.78 tr in August 2023.

Advances to Deposit Ratio (ADR) stood at 45.05% showing a decrease of 5 bps on a monthly basis and a decrease of 352 bps on a yearly basis.

Total Investments of Scheduled Banks stood at Rs22.62tr compared to Rs22.02tr from a month ago and Rs17.5tr from a year ago, showing a MoM increase of 2.75% and a YoY increase of 29.39%.

Investment to Deposit Ratio (IDR) moved up by 163 bps to 85.95% compared to August 2023 and increased by 934 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,039.83
457.43M
2.69%
4639.92
ALLSHR 106,439.15
980.52M
2.42%
2511.25
KSE30 52,890.43
243.06M
2.84%
1462.27
KMI30 253,474.66
222.84M
2.73%
6731.57
KMIALLSHR 69,154.67
541.49M
2.45%
1654.73
BKTi 48,191.73
63.48M
2.59%
1217.44
OGTi 35,876.09
14.73M
1.97%
692.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,320.00 66,510.00
66,110.00
-255.00
-0.38%
BRENT CRUDE 83.68 83.80
83.63
0.51
0.61%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
3.75
3.14%
ROTTERDAM COAL MONTHLY 125.00 125.00
125.00
-6.00
-4.58%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 81.42 81.58
80.92
0.67
0.83%
SUGAR #11 WORLD 13.64 13.90
13.61
-0.06
-0.44%

Chart of the Day


Latest News
June 15, 2026 at 10:04 PM GMT+05:00

Big industry output grows 6% YoY in April 2026


June 15, 2026 at 07:01 PM GMT+05:00

Pakistan, Alibaba strengthen E-commerce ties


June 15, 2026 at 06:30 PM GMT+05:00

CM orders crackdown on wheat hoarding


June 15, 2026 at 05:31 PM GMT+05:00

NTC, PSW formalize digitalization pact



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg