KARACHI: Deposits of scheduled bask increased by 17.6 percent year on year basis to PKR 19,208billion as of August 31, 2021 compared to PKR 16,327billion as of August 31, 2020.
Advances of scheduled banks also increased by 11.0 percent year on year to PKR 8,936billion as of August 31, 2021 compared to PKR 8,083billion as of August 31 2021.
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Investments witnessed at PKR 13,902billion as of August 31, 2021 which are also 27.9 percent higher compared to same month of last year.
That said, Advance to deposits ratio (ADR) dropped to 46.5 percent in August 2021 down by 280 basis points on year on year basis and 60 basis points on month on month basis.
On the other hand, Investment to deposits ratio (IDR) increased to 72.4 percent in August 2021, up 581 basis points on year on year basis, however down by 248 basis points on month on month basis.