Bank deposits hit Rs37.4trn mark

Deposits of the banking sector recorded a second highest growth of 23.6 percent during the last calendar year (CY25). According to State Bank of Pakistan (SBP) overall, deposits of the commercial banks surged to Rs 37.431 trillion as of December 2025 compared to Rs 30.283 trillion a year earlier in December 2024, showing an increase of Rs 7.15 trillion in a year. Analysts noted that this growth is driven by a significant increase in home remittances via formal channels, along with government efforts to digitalize the economy and broaden the tax base. Month-on-month basis, the banking sector deposits also increased by 5.8 percent from Rs 35.38 trillion in November 2025 to Rs 37.431 trillion in December 2025.