Private sector credit falls by Rs234bn in a week

News Image

MG News | January 25, 2025 at 09:26 PM GMT+05:00

0:00

January 25, 2025 (MLN): Private sector credit (PSC) dropped by Rs234.16 billion WoW to Rs10.27 trillion as of January 17, 2025, data released by State Bank of Pakistan (SBP) showed.

That takes the cumulative flow in the current fiscal year to Rs1.4tr.

Private sector credit as a percentage of Gross Domestic Product (GDP) stood at 9.7% compared to 9.9% a week before and 8.4% on June 2024.

After remaining depressed until the third quarter of FY24, credit demand picked up from the fourth quarter onwards.

A moderate expansion in economic activity, alongside persistent cost pressures in some industries, mainly explains the increase in PSC.

An increase in agricultural production and an uptick in LSM output, which is expected to gain further momentum in the coming months, has led industries to increase borrowing from the banking sector.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 155,384.51
274.67M
0.61%
944.82
ALLSHR 95,133.57
856.28M
0.49%
465.41
KSE30 47,466.99
137.10M
0.74%
347.09
KMI30 227,645.22
99.71M
0.67%
1519.50
KMIALLSHR 63,888.06
353.11M
0.50%
319.01
BKTi 41,761.78
72.20M
0.33%
138.95
OGTi 31,619.14
7.57M
0.41%
130.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 115,220.00 117,240.00
114,940.00
-2045.00
-1.74%
BRENT CRUDE 67.14 67.52
66.78
0.15
0.22%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-1.20
-1.41%
ROTTERDAM COAL MONTHLY 93.00 0.00
0.00
0.05
0.05%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.90 63.24
62.52
0.21
0.34%
SUGAR #11 WORLD 15.90 15.98
15.80
0.11
0.70%

Chart of the Day


Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25


September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25



Top 5 things to watch in this week

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