According to SBP, the ratio of investment to deposits of banks remained at 99.4 percent till July 2024
Karachi: The State Bank of Pakistan (SBP) has released banking statistics for July 2024.
According to the State Bank, the deposits of the banks were Rs30,603 billion till July 2024, which is 1.7 percent less as compared to June 2024 while the ratio of advance deposits of the banks till July 2024 was 38.8 percent.
According to the SBP, the ratio of investment to deposits of banks remained at 99.4 percent till July 2024.
The State Bank added that the advances of the banks till July 2024 were 11,872 billion rupees and compared to June 2024, the advances of the banks have decreased by 4.5 percent.
The investment of banks till July 2024 was Rs30,431 billion and compared to June 2024, the investment of banks has increased by 0.9 percent, stated the central bank.
Yemen conflict displaces over 100,000 people, UN says
- 6 hours ago
COAS Munir reaffirms commitment to stronger ties with Lebanon
- a day ago
How to be an ethical gossip
- 2 days ago
The cost of youth sports is out of control
- 3 days ago
'Widow's Bay' scores big and 'The Pitt' wins again at TV's Emmy Awards
- 11 hours ago
Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns
- 12 hours ago
Oil prices up over 3pc following new strikes on Saudi, Strait of Hormuz
- a day ago
OpenAI’s rogue AI tried to hack another company in May
- a day ago
Ex-Google DeepMind researcher adds to warnings that AI could 'kill all humans'
- 12 hours ago
MANNING MIRACLE: TEXAS stuns OHIO STATE with 20-point comeback...
- a day ago
Pakistan, Indonesia vow to strengthen defence cooperation
- a day ago
The hidden $350 surcharge on American households
- 20 hours ago
