Islamabad, Dec 12: As of November 29, 2024, bank advances rose by Rs. 1.1 trillion, according to the State Bank of Pakistan (SBP).
The banking sector’s advances-to-deposit ratio (ADR) improved to 47.8%, with total advances reaching Rs. 14.9 trillion, an 8% month-on-month (MoM) increase from Rs. 13.8 trillion in October 2024.
In October, advances had grown by Rs. 1.473 trillion, rising from Rs. 12.3 trillion in September to Rs. 13.77 trillion. Meanwhile, bank deposits remained stable at Rs. 31.11 trillion in November
. Investments saw a slight MoM increase of Rs. 0.1 trillion (0.3%), totaling Rs. 29 trillion. The investment-to-deposit ratio for November 2024 stood at 93.2%.
