Overall Weighted Average Lending and Deposit Rates

(Percent per annum)

Gross Disbursements Outstanding Loans Fresh Deposits Outstanding Deposits

Including Zero Markup Excluding Zero Markup Including Zero Markup Excluding Zero Markup Including Zero Markup Excluding Zero Markup Including Zero Markup Excluding Zero Markup
Items

Including Excluding Including Excluding Including Excluding Including Excluding Including Excluding Including Excluding Including Excluding Including Excluding
Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs Inter FIs
Jan-24 P 1. Scheduled Banks 20.97 20.81 21.35 21.24 18.56 18.53 19.87 19.85 10.62 10.53 18.77 18.71 11.92 12.02 18.16 18.16
1.1. Public 22.65 22.90 22.67 22.93 19.61 19.63 21.95 21.98 17.28 17.70 19.62 19.62 14.27 15.05 18.82 18.81
1.2. Private 21.87 21.83 22.32 22.34 18.65 18.60 19.74 19.71 9.65 9.46 18.57 18.48 11.21 11.18 17.91 17.90
1.3. Foreign 9.81 9.81 9.81 9.81 10.61 10.59 10.62 10.60 5.21 5.53 15.70 15.70 15.15 15.24 19.31 19.31
1.4. Specialized 27.52 27.52 27.53 27.53 20.09 20.12 27.16 27.16 11.59 11.58 20.48 20.48 17.78 17.74 19.83 19.82
2. DFIs 22.47 22.47 22.53 22.53 15.78 16.48 17.13 18.22 21.34 21.37 21.34 21.37 21.80 21.83 21.82 21.84
3. MFBs 34.12 34.12 38.86 38.86 34.88 34.88 36.16 36.16 11.37 11.29 19.76 19.75 15.86 15.69 20.90 20.85
All Financial Institutions 21.04 20.89 21.44 21.33 19.04 19.03 20.37 20.38 10.64 10.55 18.78 18.72 12.02 12.12 18.24 18.23
Dec-23 R 1. Scheduled Banks 21.00 20.84 21.47 21.39 18.88 18.83 20.33 20.29 10.87 10.85 19.04 19.00 11.61 11.79 18.20 18.19
1.1. Public 22.50 22.75 22.67 22.96 20.03 20.02 22.23 22.23 16.79 17.51 19.69 19.68 13.23 14.38 18.64 18.63
1.2. Private 21.92 21.89 22.48 22.57 18.95 18.88 20.24 20.18 9.84 9.72 18.87 18.82 11.08 11.06 18.02 18.01
1.3. Foreign 10.58 10.58 10.58 10.58 10.64 10.64 10.65 10.65 5.23 5.53 15.59 15.59 14.60 14.72 19.25 19.25
1.4. Specialized 27.16 27.16 27.17 27.17 19.91 19.94 27.25 27.25 12.04 12.01 20.52 20.52 18.33 18.30 20.76 20.76
2. DFIs 22.91 22.91 22.94 22.94 17.63 17.63 19.47 19.46 21.93 21.94 21.93 21.94 22.17 22.19 22.18 22.20
3. MFBs 35.23 35.23 40.61 40.61 34.74 34.74 35.97 35.97 11.49 11.32 19.82 19.73 15.85 15.67 21.05 20.99
All Financial Institutions 21.10 20.95 21.59 21.52 19.36 19.32 20.82 20.80 10.88 10.86 19.05 19.01 11.72 11.88 18.28 18.27
Jan-23 1. Scheduled Banks 17.09 17.52 17.22 17.68 14.59 14.50 15.74 15.70 7.48 7.44 13.89 13.83 7.94 7.97 13.53 13.52
1.1. Public 17.64 17.66 17.87 17.89 13.38 13.37 15.76 15.75 8.84 10.16 13.78 13.77 9.44 9.77 13.66 13.66
1.2. Private 17.06 17.51 17.19 17.66 14.84 14.73 15.65 15.59 7.35 7.20 13.90 13.83 7.47 7.45 13.45 13.44
1.3. Foreign 17.35 17.35 17.35 17.35 16.76 16.76 17.08 17.08 7.83 8.75 14.29 14.29 10.65 10.72 14.42 14.42
1.4. Specialized 23.69 23.70 23.69 23.70 15.72 15.71 22.35 22.37 7.65 7.64 14.84 14.84 13.25 13.23 14.82 14.82
2. DFIs 17.84 17.84 18.09 18.09 12.65 13.27 13.57 14.49 16.87 16.87 16.87 16.87 16.42 16.42 16.42 16.42
3. MFBs 33.23 33.23 34.70 34.70 30.77 30.77 31.29 31.29 7.45 7.21 13.74 13.61 11.56 11.31 15.00 14.88
All Financial Institutions 17.18 17.62 17.31 17.78 15.09 15.04 16.24 16.25 7.49 7.44 13.89 13.84 8.03 8.05 13.58 13.57
P: Provisional R: Revised Source: Core Statistics Department

Explanatory Notes:
1. Gross disbursements mean the amounts disbursed by Financial Institutions (FIs) either in pak rupees or in foreign currency against loans during the month. It also includes loans repriced, renewed or rolled over during the month. In case of running finance, the disbursed amount means the total amount availed by the
borrower during the month.

2. Foreign currency deposits/loans are first converted into pak rupees at the prevalent exchange rates of the last day of the reporting month.

3. Loans (Disbursed & Outstanding) mean all types of FIs’s advances including working capital finance and disbursements against payments of documents i.e. Letters of credit, inland bills etc. but excluding foreign bills. Advances cover all types of advances including inter FIs placements. Interest accrued is not a
disbursement and therefore it is not considered as loan. Nano Loans of MFBs are not included.

4. All disbursements made to non-residents, private sector, public sector and government are included.
5. All credit facilities such as credit cards, personal loans etc. and credit schemes such as LMM, export finance scheme and commodity operations are included.
6. Outstanding loans mean the loans recoverable at the end of the month. Weighted Average rates of advances and deposits have been compiled by;
a. Including advances and deposits at zero markup of return, i.e. non-remunerative advances and deposits
b. Excluding advances and deposits at zero markup of return, i.e. non-remunerative advances and deposits
7. Deposits include all types of deposits including inter FIs deposits and placements. Margin deposits (deposits held by FIs as collateral against letters of credits, letters of guarantees etc.) are however, not included.
8. Fresh deposits mobilized during the month include outstanding balance of:
a Fresh deposits (new accounts) mobilized during the month
b Re-priced and /or rolled-over deposits during the month
9. Outstanding deposits show position of deposits held by FIs at the end of the month.

10. “Public” stands for Public Sector Banks - the banks incorporated in Pakistan or the shares/capital controlled by the federal and /or provincial governments, “Private” stands for Private Sector Banks incorporated in Pakistan, owned and controlled by private sector, “Foreign” stands for the branches of banks working
in Pakistan but incorporated abroad and “Specialized” stands for Specialized Banks established to provide credit facilities, assistance and advice to clients in a designated sector or in a designated line of credit; for example, agriculture sector, industrial sector, etc.

11. DFIs stands for Development Finance Institutions and MFBs stands for Microfinance Banks.
12. Financial Institutions (Fis) means Scheduled Banks, Development Finance Institutions and Microfinance Banks.
13. Weighted Averages have been worked out by weighting interest rates by the corresponding amounts of loans/deposits. The formula used is:

Weighted Average Rate = ∑ ( rate ×amount )÷ ∑ ( amount )

Contact Person: Muhammad Khalid
Designation: Sr Joint Director
Phone: 021-33138294
Email: Feedback.statistics@sbp.org.pk