Karachi August 18 2022: As per the latest data released by the State Bank of Pakistan, total deposits of scheduled banks declined by 3.1 percent due to the fiscal year-end.
On year on year basis, deposits increased by 17 percent YoY to PKR 22,101 billion as of July 2022 compared to PKR 18,839 billion as of July 2021.
Total advances of scheduled banks also increased by 22.3 percent to PKR 10,858 billion as of July 2022 compared with PKR 8,878 billion as of July 2021.
On a MoM basis advances witnessed a decrease of 0.3 percent.
Investments of scheduled banks also jumped up by 24.9 percent YoY to PKR 17,608 billion as of July 2022.
Advance to deposits ratio (ADR) stood at 49.1 percent in July 2022 which is 200 basis points higher than the ADR of July 2021, which was 47.1 percent.
The investment to deposits ratio (IDR) stood at 79.7 percent in July 2022 which is also 482 basis points higher than the IDR of July 2021, which was 74.9 percent.
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