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

By 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	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,805.00	108,430.00 105,440.00	2055.00 1.94%
BRENT CRUDE	67.85	68.10 66.94	0.74 1.10%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	110.00 109.20	1.70 1.58%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.21	66.43 65.23	0.76 1.16%
SUGAR #11 WORLD	15.75	15.97 15.71	0.05 0.32%