Scheduled bank deposits reach Rs25.7tr in July 2023

MG News | August 09, 2023 at 02:10 PM GMT+05:00

0:00

August 09, 2023 (MLN): The total deposits held by scheduled banks have moved up by 16.3% YoY to Rs25.7 trillion in July 2023 compared to Rs22.1tr in July 2022.

According to data released by the SBP, Banks deposits have edged higher by 0.76% MoM, compared to Rs.25.5 tr in June 2023.

Total advances increased by 9.58 % to Rs11.89 tr compared to Rs10.85 from a year ago. On a monthly basis, advances decreased by 2.5 % from its values of Rs12.2 tr in June 2023.

Advances to Deposit Ratio (ADR) stood at 46.29% showing a decrease of 155 bps on a monthly basis and a decrease of 284 bps on a yearly basis.

Total Investments of Scheduled Banks stood at Rs21.46 tr compared to Rs20.89 tr from a month ago and Rs17.6 tr from a year ago, showing an MoM increase of 2.74% and a Y.o.Y decrease of 21.92%.

Investment to Deposit Ratio (IDR) moved up by 160 bps to 83.52% compared to June 2023 and increased by 385 bps when compared to a year ago.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,115.82 431.76M	-1.03% -1778.46
ALLSHR	102,630.82 1,022.40M	-0.72% -743.98
KSE30	51,478.54 123.81M	-1.23% -641.56
KMI30	245,731.79 184.52M	-1.22% -3035.83
KMIALLSHR	66,650.32 595.11M	-0.81% -541.20
BKTi	47,279.59 41.00M	-1.38% -660.98
OGTi	35,704.94 10.73M	-1.65% -598.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,390.00	80,730.00 79,370.00	45.00 0.06%
BRENT CRUDE	100.25	102.92 99.55	0.19 0.19%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-3.30 -2.91%
ROTTERDAM COAL MONTHLY	107.10	107.75 106.20	2.10 2.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	94.68	98.64 93.82	-0.13 -0.14%
SUGAR #11 WORLD	14.69	14.75 14.46	0.15 1.03%