Scheduled bank deposits reach Rs25.7tr in July 2023

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

Add Mettisglobal as a Trusted Source on Google

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	170,884.59 165.82M	1.09% 1841.39
ALLSHR	103,297.23 574.85M	1.03% 1052.60
KSE30	50,883.00 85.37M	1.16% 585.22
KMI30	243,139.25 70.59M	1.05% 2522.69
KMIALLSHR	66,979.22 287.59M	0.99% 655.18
BKTi	47,642.11 15.25M	1.66% 776.54
OGTi	35,136.50 9.94M	0.68% 237.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,225.00	81,990.00 80,410.00	-105.00 -0.13%
BRENT CRUDE	103.37	105.00 101.92	-1.45 -1.38%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	5.00 4.00%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	95.47	0.00 0.00	-0.61 -0.63%
SUGAR #11 WORLD	18.28	18.51 18.21	-0.04 -0.22%