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Tag: bank deposits

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Banking deposits grow to historic high as SBP makes return attractive

March 15, 2023March 15, 2023Hamza Shahnawaz

KARACHI: Banking deposits have grown to historic high level of Rs 22.92 trillion by February 2023, according to data released by State Bank of Pakistan (SBP) a day earlier.

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Bank deposits surge to historic high at Rs20.97 trillion

January 10, 2022January 10, 2022Faisal Shahnawaz

KARACHI: Deposits of the banking sector have continued their upward trajectory and increased to Rs20.97 trillion – all time historic high. Deposits of the banking sector clocking in at Rs20.97 trillion as at December 2021, registering a 17 per cent year on year (YoY) jump while rising by a 7 per cent month on month […]

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State Bank of Pakistan

Banking system witnesses Rs790 billion withdrawal in January

February 9, 2021May 25, 2026Mrs. Anjum Shahnawaz

KARACHI: A withdrawal of Rs790 billion has been seen from the banking system during January 2021 owing to higher demand following acceleration in the economy on ease in coronavirus related restrictions, experts said.

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State Bank of Pakistan

Bank deposits hit a record high at Rs17.87 trillion

January 14, 2021January 14, 2021Mrs. Anjum Shahnawaz

KARACHI: Deposits of the banking system have reached a record high of Rs17.87 trillion owing to higher remittances and lack of cash-based business activities, analysts said on Thursday. The deposits hit a record high to Rs17.87 trillion by end of December 2020 after posting an increase of 22.14 percent when compared with Rs14.63 trillion by […]

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State Bank of Pakistan

Banking deposits increase by 18pc in November

December 16, 2020August 21, 2021Mrs. Anjum Shahnawaz

KARACHI: Deposits of the banking system have increased by 18 percent to Rs16.84 trillion by end of November 2020 as compared with same month of the last year, according to details released by the State Bank of Pakistan (SBP). The banking deposits were at Rs14.31 trillion by November 2019. The deposits of the banking system […]

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State Bank of Pakistan

Banking system witnesses Rs222 billion withdrawal in October

November 7, 2020September 14, 2024Mrs. Anjum Shahnawaz

The State Bank of Pakistan (SBP) has reported a significant withdrawal of Rs222 billion from the banking system during October 2020. According to SBP statistics, banking deposits fell to Rs16,664 billion by the end of October 2020, down from a record high of Rs16,886 billion at the close of September 2020.

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State Bank of Pakistan

Bank deposits reach new peak of Rs16.88 trillion by September

October 14, 2020October 14, 2020Mrs. Anjum Shahnawaz

KARACHI: The deposits of banking system surged to a new record high of Rs16.886 trillion by end of September 2020, according to data released by State Bank of Pakistan (SBP) on Wednesday. The bank deposits reached to new record-level from previous all-time high of Rs16.327 trillion by end of August 2020. The deposits of the […]

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State Bank of Pakistan

Bank deposits reach all-time high at Rs16.327 trillion

September 10, 2020December 22, 2023Mrs. Anjum Shahnawaz

Karachi – The banking sector in Pakistan has witnessed a historic surge in deposits, reaching an all-time high of Rs16.327 trillion by the end of August 2020, according to data released by the State Bank of Pakistan (SBP) on Thursday.

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State Bank of Pakistan

Bank deposits reach record high at Rs16.23 trillion

July 8, 2020July 8, 2020Mrs. Anjum Shahnawaz

KARACHI: The deposits of banking systems have reached record high at Rs16.23 trillion by end of June 30, 2020, according to data released by State Bank of Pakistan (SBP) on Tuesday. The deposits of baking system registered 12.24 percent growth by end of June 2020 as compared with Rs14.46 trillion by end of same month […]

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State Bank of Pakistan

Bank deposits touch new peak of Rs15.48 trillion

June 9, 2020June 9, 2020Mrs. Anjum Shahnawaz

KARACHI: The deposits of banking system high record high at Rs15.48 trillion in May 2020 despite sharp cut in policy rate cut and Eid festival. According to statistics released by State Bank of Pakistan (SBP) on Monday the deposits of banking system sharply grew by 15 percent to Rs15.48 trillion by end of May 2020 […]

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