For the first time, the Investment-to-Deposit Ratio (IDR) has crossed 100 percent while the Advance-to-Deposit (ADR) ratio dropped to 38.4 percent, according to the latest data by the State Bank of Pakistan (SBP).
IDR has reached 100.8 percent, driven by banks’ increased focus on government securities, Arif Habib Limited (AHL) said in a brief review on Monday.
Meanwhile, ADR has hit a record low of 38.4 percent, as banks remain cautious in lending and demand remains subdued in a high interest rate environment.
Please do not reproduce what the government authorities state. It would have been more useful had you explained it a little for the understanding of the common reader. As a layman I will say in only one sentence that the country is under very high debt, the inflation is too high, people’s purchasing power has gone down drastically and the economy is in a very very bad shape. For me this is the reality.