Commercial Banks: Deposits reach all time high in Aug’20

News Image

By MG News | September 10, 2020 at 04:12 PM GMT+05:00

0:00

September 10, 2020 (MLN): In the month of August 2020, the total deposits held by commercial banks stood all time high at Rs 16.32 trillion, depicting a growth of 17% YoY and 1.3% MoM.

According to the latest SBP data, the demand for fresh disbursements remained muted despite lower interest rates as total advances by commercial banks during the month under review declined by 1% MoM, while on yearly basis it depicted a marginal increase to Rs.8 trillion. Consequently, advances to deposits ratio (ADR) dropped to 49% in Aug’20 from 57% in Aug’19 and 50% in July’20.

On the other hand, total investment of commercial banks grew by 36% YoY and 1% MoM, reaching to an all-time high of Rs 10.8 trillion.

As a result of this, banks' investment to deposit ratio (IDR) surged to 67% in Aug’20 from 57% in Aug’19. However, compared to previous month, the sector’s IDR remained unchanged.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,176.40
73.64M
0.37%
489.75
ALLSHR 81,639.81
346.18M
0.41%
334.56
KSE30 40,111.55
31.92M
0.42%
166.10
KMI30 191,132.18
37.36M
0.23%
434.13
KMIALLSHR 55,131.55
169.19M
0.10%
57.39
BKTi 35,005.42
6.16M
1.26%
437.02
OGTi 28,583.18
2.85M
-0.54%
-156.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,360.00 110,525.00
109,360.00
-1055.00
-0.96%
BRENT CRUDE 68.58 68.89
68.37
-0.22
-0.32%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 108.45 0.00
0.00
0.25
0.23%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.87 67.18
66.69
-0.13
-0.19%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 12:48 PM GMT+05:00

Weekly inflation rises 0.73%


July 04, 2025 at 12:46 PM GMT+05:00

Bilal Fibres reports suspension of operations


July 04, 2025 at 12:24 PM GMT+05:00

SECP invites public feedback on share issue reforms


July 04, 2025 at 12:12 PM GMT+05:00

Pakistan produces 12m mobile phones in first half of 2025


July 04, 2025 at 11:24 AM GMT+05:00

Pakistan calls for credit rating reform at UN FFD4 summit



Top 5 things to watch in this week

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