Pakistan Banking Deposits Up

Latest Pakistan Political Economic News

Deposits of the Pakistan banking industry in January 2021 increased by 16%, to Rs. 17.1 trillion (last: Rs. 14.7 trillion).

 

Deposits were broadly parked in investments, which grew by 37%. The Investment to Deposit ratio increased to 67 percent, reflected by the 46% increase in GOP borrowings from scheduled banks.

 

Gross advances of scheduled banks in January 2021 rose by 4% YoY to touch Rs. 8.5 trillion.

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