Tue, 21-Oct-2025

Bank deposits fall over Rs1tr in January

SBP

KARACHI: The deposits of the banking system have dropped over Rs1 trillion in January 2022 after declining from a record high of around Rs21 trillion in December 2021, according to the data released by the State Bank of Pakistan (SBP). The total deposits of the banking system fell to Rs19.95 trillion by the end of … Read more

GCC members record 3.3% rise in bank deposits

GCC

RIYADH: Member states of the Gulf Cooperation Council witnessed an improvement in their banking sector, as the total bank deposits increased by 3.3 per cent in the first half of 2021, compared to the end of 2020, Arab News reported. The GCC countries’ total bank deposits reached $1.6 trillion, according to a report released by the GCC … Read more

Bank deposits surge 22% to reach 14-year high of Rs19.80 trillion

State Bank

KARACHI: Bank deposits have surged 22 per cent to reach the 14-year high of Rs19.80 trillion by the end June 2021, compared with Rs16.23 trillion during the preceding period last year, according to a report released by the Topline Securities, on Tuesday. The deposits growth has been fuelled by higher remittances (+27 per cent YoY … Read more