Bank Deposits Hike in FY 2022/23

Updated 2/27/2024 9:50:00 AM
Bank Deposits Hike in FY 2022/23

Bank deposits increased by 28.5% year on year (YoY) during the previous fiscal year in 2022/2023 to reach 9.45 trillion, as per data from CAPMAS.

Household deposits represent 58.3% of the total, while the public service and private business sectors secured 16.1% and 15.3% of the total deposits.

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