Banks’ deposits increase by 18% YoY to Rs26.4tr in October

News Image

MG News | November 10, 2023 at 10:19 AM GMT+05:00

0:00

November 10, 2023 (MLN): The total deposits held by scheduled banks have moved up by 17.78% YoY to Rs26.4 trillion in October 2023 compared to Rs22.41tr in October 2022.

According to data released by the SBP, Banks' deposits have edged higher by 0.3% MoM, compared to Rs26.32tr in September 2023.

Total advances increased by 7.65% to Rs11.9tr compared to Rs11.05tr from a year ago. On a monthly basis, advances increased by 0.34% from their value of Rs11.86tr in September 2023.

Advances to Deposit Ratio (ADR) stood at 45.07% showing a decrease of 424 bps on a yearly basis, while showing an increase of 2 bps on a monthly basis.

Total Investments of Scheduled Banks stood at Rs23.23tr compared to Rs18.29tr from a year ago and Rs22.62tr from a month ago, showing a YoY increase of 27.05% and a MoM increase of 2.7%.

Investment to Deposit Ratio (IDR) moved up by 642 bps to 88.01% compared to October 2022 and increased by 205 bps when compared to a month ago.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,190.00 119,275.00
117,905.00
1570.00
1.33%
BRENT CRUDE 72.36 72.82
72.29
-0.88
-1.20%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.97 70.41
69.92
-0.03
-0.04%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

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