Pakistan’s bank deposits rise 14% to Rs39.24 trillion in August 2026

Profit by Pakistan Today reported that banking sector deposits climbed 13.9% year on year to Rs39.244 trillion by late August, according to the latest State Bank of Pakistan data. The increase was credited to wider digital banking use and stronger remittances arriving through formal channels. Deposits also rose 0.5% from July.

Remittances from overseas workers totalled $7.3 billion in the opening two months of FY27, a 15% annual gain. In August, inflows hit $3.7 billion, 17% higher year on year and 1% up month on month. Bank lending reached Rs13.609 trillion in August, up 10.7% annually, while investments climbed 13.4% to Rs41.185 trillion.

Investments relative to deposits eased to 104.9% from 105.3% a year earlier, and the ratio stayed above 100% as lower external government financing and higher interest rates weighed on the mix. The advances-to-deposit ratio fell to 34.7% from 35.7% a year ago and held steady from July, which suggests lending grew more slowly than deposits.