ACCORDING to the weekly statement of position of scheduled banks for the week ended July 16, 2005, the sum of demand and time liabilities fell in the week under review. The sum total stood at Rs2,528,643 million against preceding week’s Rs2,517,376 million, a rise of Rs11,267 million.

As compared to the total deposits of Rs2,125,302 million in the corresponding period last year, current week’s deposits were higher by Rs403,341 million.

During the week under review, demand deposits stood at Rs1,233,960 million, a fall of Rs1,595 million over previous week’s Rs1,235,555 million. It was higher against last year’s corresponding figure of Rs1,072,504 million by Rs161,456 million.

Time deposits rose in the current week. At Rs1,294,683 million it was higher by Rs12,862 million over previous week’s Rs1,281,821 million and by Rs241,885 million over last year’s corresponding figure of Rs1,052,798 million.

Scheduled banks borrowings from the State Bank of Pakistan against promissory notes and other approved securities rose in the current week. At Rs187,175 million it was higher by Rs.503 million over preceding week’s Rs186,672 million. Compared to last year’s corresponding figure of Rs160,647 million, the current week’s figure is higher by Rs26,528 million.

Scheduled banks borrowings from banks abroad stood at Rs5,377 million in the current week, as against Rs5,546 million a week ago, a fall of Rs169 million. It was higher by Rs857 million over last year’s corresponding figure of Rs4,520 million.

Money at call and short notice in Pakistan fell in the week under review as against previous week’s figure. It stood at Rs18,069 million, a fall of Rs1,517 million over preceding week’s Rs19,586 million. When compared to last year’s corresponding figure of Rs35,416 million, the current week’s figure is smaller by Rs17,347 million.

Scheduled banks’ advances including bills purchased and discounted increased in the week under review. At Rs1,769,402 million it was higher by Rs6,789 million over preceding week’s Rs1,762,613 million. Compared to the corresponding figure a year ago, when advances were to the tune of Rs1,340,458 million, the current week’s advances are higher by Rs428,944 million.

Scheduled banks investment in central government securities, Treasury bills and other approved securities showed a rise in the current week when compared to preceding week’s level. Such investments amounted to Rs772,865 million, a rise of Rs22, 452 million over previous week’s Rs750,413 million. Compared to last year’s corresponding figure of Rs793,802 million, the current week’s investment is lower by Rs20,937 million.

Total assets of scheduled banks fell in the week under review. These stood at Rs3,574,407 million against previous week’s Rs3,566,442 million, a fall of Rs7,965 million. Compared to last year’s corresponding figure of Rs2,998,273 million, it shows a rise of Rs576,134 million.