Banks' deposits increase by 18% YoY to Rs26.8tr in November

MG News | December 11, 2023 at 05:52 PM GMT+05:00

0:00

December 11, 2023 (MLN): The total deposits held by scheduled banks have moved up by 17.88% YoY to Rs26.79 trillion in November 2023 compared to Rs22.73tr in November 2022.

According to data released by the SBP, bank deposits have edged higher by 1.52% MoM, compared to Rs26.39tr in October 2023.

Total advances increased by 7.86 % to Rs11.96tr compared to Rs11.09tr from a year ago. On a monthly basis, advances increased by 0.56 % from their value of Rs11.89tr in October 2023.

Advances to Deposit Ratio (ADR) stood at 44.64% showing a decrease of 43 bps on a monthly basis and a decrease of 415 bps on a yearly basis.

Total Investments of Scheduled Banks stood at Rs24.58tr compared to Rs23.23tr from a month ago and Rs18.48tr from a year ago, showing a MoM increase of 5.83% and a Y.o.Y increase of 33.03%.

Investment to Deposit Ratio (IDR) moved up by 374 bps to 91.75% compared to October 2023 and increased by 1044 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	152,740.38 147.44M	-1.01% -1551.88
ALLSHR	91,858.47 324.25M	-0.86% -800.10
KSE30	46,223.61 86.89M	-1.45% -681.25
KMI30	219,130.92 66.08M	-1.15% -2553.50
KMIALLSHR	59,625.28 139.61M	-0.93% -562.17
BKTi	42,104.46 39.09M	-2.02% -866.56
OGTi	32,077.87 10.13M	-1.27% -414.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,710.00	71,070.00 69,755.00	350.00 0.50%
BRENT CRUDE	107.09	107.85 105.05	-1.56 -1.44%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.80 -10.61%
ROTTERDAM COAL MONTHLY	123.30	123.30 123.00	2.10 1.73%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	93.78	94.80 92.47	-1.77 -1.85%
SUGAR #11 WORLD	15.42	15.49 14.76	0.62 4.19%