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Tag Archives: Bank deposits record slowest growth in decade

Bank deposits record slowest growth in decade


January 9, 2019

KARACHI: Deposit growth of the banking system stalled in 2018 despite one of the largest interest hikes of 4.25 per cent in a single year. At 8pc, the rise in deposits was the slowest in a decade, according to a research note put out by Topline Securities. The State Bank of Pakistan reported deposits of scheduled banks grew by Rs992.11 …

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