Banks’ deposits surge to Rs24.38tr in May 2023

MG News | June 12, 2023 at 12:36 PM GMT+05:00

0:00

June 12, 2023 (MLN): The total deposits held by scheduled banks have moved up by 15.3% YoY to Rs24.38 trillion in May 2023 compared to Rs21.15tr in May 2022.

Meanwhile on a monthly basis, Banks deposits have edged higher by 4.09% MoM, compared to Rs.23.42tr in April 2023.

According to data released by the SBP, total advances increased by 11.55% to Rs12.07tr compared Rs10.82tr from a year ago. On a monthly basis, advances decreased by 0.32% from its values of Rs12.11tr in April 2023.

Total Investments of Scheduled Banks stood at Rs20.14tr compared to Rs19.69tr from a month ago and Rs15.55tr from a year ago, showing an increase of 2.28% MoM and an increase of 29.49% YoY.

Advances to Deposit Ratio (ADR) stood at 49.5% showing a decrease of 219 bps on a monthly basis and a decrease of 166 bps on a yearly basis.

Investment to Deposit Ratio (IDR) moved down by 146 bps to 82.6% compared to April 2023, and increased by 905 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	139,207.29 190.96M	0.37% 514.62
ALLSHR	86,176.93 633.30M	0.45% 382.41
KSE30	42,602.85 57.43M	0.44% 187.98
KMI30	196,319.50 101.82M	0.67% 1305.65
KMIALLSHR	56,861.96 298.63M	0.47% 267.27
BKTi	38,060.31 12.30M	0.37% 140.31
OGTi	27,803.49 5.74M	0.12% 34.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,295.00	119,880.00 115,675.00	-1815.00 -1.51%
BRENT CRUDE	68.39	69.86 68.31	-0.79 -1.14%
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	65.07	66.74 65.00	-0.96 -1.45%
SUGAR #11 WORLD	16.28	16.64 16.23	-0.29 -1.75%