Karachi September 12 2022: As per the latest data released by the State Bank of Pakistan, total deposits of scheduled banks inclined by 0.2 percent.
On year on year basis, deposits increased by 15.3 percent YoY to PKR 22,152 billion as of August 2022 compared to PKR 19,208 billion as of August 2021.
Total advances of scheduled banks also increased by 22.2 percent to PKR 10,922 billion as of August 2022 compared with PKR 8,936 billion as of August 2021.
On a MoM basis advances witnessed a increase of 0.6 percent.
Investments of scheduled banks also jumped up by 30.8 percent YoY to PKR 18,183 billion as of August 2022.
Advance to deposits ratio (ADR) stood at 49.3 percent in August 2022 which is 278 basis points higher than the ADR of August 2021, which was 46.5 percent.
The investment to deposits ratio (IDR) stood at 82.1 percent in August 2022 which is also 971 basis points higher than the IDR of August 2021, which was 72.4 percent.
