Karachi March 17 2022: As per the latest data released by State Bank of Pakistan, total deposits of scheduled banks increased by 15 percent YoY to PKR 19,914 billion as at February 2022 compared to PKR 17,257 billion as at February 2021.
On MoM basis deposits witnessed a decline of 0.2 percent.
Total advances of scheduled banks also increased by 16.8 percent to PKR 9,961 billion as at February 2022 compared with PKR 8,527 billion as at February 2021.
On MoM basis advances witnessed an increase of 0.2 percent.
Investments of scheduled banks also jumped up by 25.2 percent YoY to PKR 14,541 billion as at February 2022.
Advance to deposits ratio (ADR) stood at 50.0 percent in February 2022 which is 61 basis points higher than ADR of February 2021, which was 49.4 percent.
Investment to deposits ratio (IDR) stood at 73.0 percent in February 2022 which is also 573 basis points higher than IDR of February 2021, which was 67.3 percent.