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Pakistan bank deposits double to Rs40.83tr in 4 years, but lending to govt raises growth concerns

Pakistan Published 17 October 2026, 20:46 · archived 17 Oct 2026

Deposits held by Pakistan’s scheduled banks have nearly doubled to Rs40.83 trillion in September 2026 from Rs21 trillion four years ago, highlighting a massive expansion in the banking system’s deposit base but raising questions about the flow of funds into productive economic activities. Former minister and chairman Pakistan Economic Policy and Business Development Dr Gohar Ejaz said on Saturday, that scheduled banks’ total deposits increased by Rs19.83 trillion between September 2022 and September 2026, reflecting a substantial increase in funds available within the banking system. However, ...

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