Tag Archives: Banks’ advances rise sharply in FY22

KARACHI: Banks’ advances witnessed a significant increase of 21 per cent in the outgoing fiscal year (FY22), reflecting the higher economic growth during the year ended on June 30. The latest data issued by the State Bank on Thursday showed that total advances reached Rs10.886 trillion by the end of FY22 from Rs8.996tr in FY21, an increase of Rs1.889tr or …

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