Deposit growth lifts on funds from Asset Declaration Scheme
Karachi, July 8, 2019: Total Deposits in Jun-2019 clocked in 11 percent / 7 percent YoY/MoM higher at Rs14.46 trillion, boosted by (1) seasonal year-end targets, (2) funds from Asset Declaration Scheme and (3) prize bond registration. M2 growth clocked in at 12 percent YoY, where NDA registered 20 percent YoY growth. Advances recorded a…