Banks’ deposits increase by 17.87% YoY to Rs26.11tr in August: SBP

MG News | September 12, 2023 at 06:00 PM GMT+05:00

0:00

September 12, 2023 (MLN): The total deposits held by scheduled banks have moved up by 17.87% YoY to Rs26.11 trillion in August 2023 compared to Rs22.15 tr in August 2022.

Accoring to data released by the SBP, Banks deposits have edged higher by 1.59% MoM, compared to Rs25.7 tr in July 2023.

Total advances increased by 7.82 % to Rs11.77 tr compared Rs10.92 from a year ago. On a monthly basis, advances decreased by 1.03 % from its values of Rs11.89 tr in July 2023.

Advances to Deposit Ratio (ADR) stood at 45.1% showing a decrease of 119 bps on a monthly basis and a decrease of 420 bps on a yearly basis.

Total Investments of Scheduled Banks stood at Rs22.01 tr compared to Rs21.46 tr from a month ago and Rs18.18 tr from a year ago, showing a M.o.M increase of 2.56% and a Y.o.Y increase of 21.08%.

Investment to Deposit Ratio (IDR) moved up by 80 bps to 84.32% compared to July 2023 and increased by 224 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,692.49 162.00M	-0.18% -291.59
ALLSHR	97,919.24 589.24M	-0.28% -270.69
KSE30	49,080.07 50.96M	-0.17% -81.29
KMI30	230,184.09 53.45M	-0.28% -645.71
KMIALLSHR	63,462.88 224.57M	-0.42% -269.19
BKTi	43,898.94 17.87M	-0.15% -66.83
OGTi	31,421.67 4.93M	-0.57% -181.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,050.00	88,770.00 86,135.00	-2125.00 -2.38%
BRENT CRUDE	62.64	63.36 61.60	-0.73 -1.15%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	96.30	0.00 0.00	0.45 0.47%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.11	58.96 57.10	-0.73 -1.24%
SUGAR #11 WORLD	14.90	14.97 14.79	0.08 0.54%