KARACHI: In a significant development for Pakistan’s financial sector, bank deposits have surpassed Rs32 trillion for the first time in history. According to the State Bank of Pakistan (SBP), total deposits stood at Rs32.32 trillion by the end of April 2025, registering a 13.72% year-on-year increase from Rs28.42 trillion in April 2024.
Month-on-month, deposits rose by 2.18% compared to Rs31.63 trillion in March 2025, indicating strong depositor confidence despite prevailing economic uncertainties.
The increase in deposits comes amid a shift in the SBP’s monetary policy stance, with the central bank gradually reducing interest rates to stimulate economic growth. The latest policy move saw the benchmark interest rate cut by 100 basis points to 11%, down from the record high of 22% last year.
Analysts credit the rise in deposits to the rapid adoption of digital banking and mobile payments, which have expanded the reach of the formal banking system and improved financial inclusion.
Meanwhile, credit activity has also grown, with bank advances rising to Rs13.14 trillion by April 2025 from Rs12.03 trillion a year earlier. Advances had previously peaked at Rs16 trillion in December 2024, driven by regulatory targets for advances-to-deposits ratios.
Experts suggest that the concurrent rise in deposits and advances signals renewed confidence in the banking sector and points to a gradual economic recovery backed by monetary and fiscal support.
The Pakistan Engineering Council and the Capital Development Authority have agreed to collaborate on raising…
Feb 7 (Reuters): Saudi Arabia on Saturday unveiled a wide-ranging investment package for Syria covering…
Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for immovable properties…
Riyadh: Saudi Arabia has completed what it described as a global first in capital market…
Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has registered three new Real Estate…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
