Banks’ deposits increase by 18% YoY to Rs26.4tr in October
MG News | November 10, 2023 at 10:19 AM GMT+05:00
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 | 161,805.02 195.97M | -2.29% -3791.05 |
| ALLSHR | 97,831.99 495.75M | -2.19% -2185.72 |
| KSE30 | 48,340.67 77.02M | -2.27% -1124.26 |
| KMI30 | 232,680.60 78.39M | -2.62% -6271.80 |
| KMIALLSHR | 63,675.05 227.49M | -2.51% -1639.11 |
| BKTi | 43,875.66 32.84M | -2.04% -913.32 |
| OGTi | 33,979.39 8.60M | -3.21% -1127.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,100.00 | 78,495.00 76,565.00 | -2110.00 -2.66% |
| BRENT CRUDE | 109.33 | 112.00 109.01 | 0.07 0.06% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.25 -6.18% |
| ROTTERDAM COAL MONTHLY | 110.50 | 110.65 110.10 | 1.30 1.19% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.96 | 104.37 100.50 | -0.06 -0.06% |
| SUGAR #11 WORLD | 14.73 | 14.95 14.72 | -0.07 -0.47% |
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 |
|---|