According to the Statement of Affairs of the State Bank of Pakistan for the week ended July 2October 21, 2006, both notes in circulation and issued increased. Notes in circulation stood at Rs868,715.675 million against earlier week’s figure of Rs836,254.585 million, a rise of Rs32,461.090 million.
When compared to the corresponding week a year ago when it was Rs751,192.688 million, the current week’s figure is higher by Rs117,522.987 million.
Total notes issued also rose in the current week over preceding week’s level. At Rs868,827.918 million it was higher by Rs32,380.423 million over the figure of Rs836,447.495 million recorded a week earlier. In the corresponding week last year it amounted to Rs751,322.228 million, which shows current week’s figure to be higher by Rs117,505.690 million over last year’s corresponding figure.
Approved foreign exchange increased in the week to Rs524,099.438 million or by Rs16,199.019 million over preceding week’s figure of Rs507,900.419 million. When compared to the corresponding week a year ago, when the figure was Rs428,765.947 million, the current week’s figure is higher by Rs95,333.491 million.
Balances held outside Pakistan in approved foreign exchange decreased in the week under review. It stood at Rs129,967.842 million over preceding week’s figure of Rs142,668.084 million, a fall of Rs12,700.242 million. Compared to last year’s corresponding figure of Rs142,371.041 million, the current week’s figure is larger by Rs12,403.199 million.
Loans and advances of scheduled banks to the three sectors – agricultural, industrial and export showed a mixed trend in the week under review. The agricultural sector received Rs62,682.785 million, similar to preceding week’s figure. The current week’s figure is larger by Rs2,468.723 million over last year’s corresponding figure of Rs60,214.062 million.
There was an inflow of Rs12,935.504 million to the industrial sector during the week under review, a rise of Rs4,416.272 million against preceding week’s figure of Rs8,519.232 million. When compared to last year’s corresponding figure of Rs1,844.196 million, the current week’s figure is higher by Rs11,091.308 million.
The export sector received Rs118,119.035 million against previous week’s figure of Rs116,860.457 million, a rise of Rs1,258.578 million. Current week’s figure was larger by Rs16,236.061 million over last year’s corresponding figure of Rs101,882.974 million.
According to the weekly statement of position of all scheduled banks for the week ended October 21, 2006, deposits and other accounts of the scheduled banks stood at Rs2,808.440 billion, lower by Rs1.981 billion over preceding week’s figure of Rs2,810.421 billon. Commercial banks deposits showed a decline of Rs1.837 billion over the week to Rs2,796.623 billion, against preceding week’s Rs2,798.460 billion, while of specialized banks it fell by Rs0.143 billion to Rs11.818 billion, over previous week’s Rs11.961 billion.
Borrowings by all scheduled banks declined during the week over preceding week’s figure. It fell to Rs378.987 billion over preceding week’s figure of Rs387.404 billion, a fall of Rs8.417 billion. This was primarily due to a decrease in the borrowings by commercial banks, which declined to Rs290.995 billion against previous week’s Rs299.462 billion, or by Rs8.467 billion, while borrowings by specialised banks stood at Rs87.992 billion, lower by Rs0.05 billion over preceding week’s figure of Rs87.942 billion.
Gross advances stood at Rs2,251.546 billion in the week under review, a rise of Rs25.59 billion over preceding week’s figure of Rs2,225.956 billion. Advances by commercial banks rose to Rs2,153.571 billion against earlier week’s figure of Rs2,128.234 billion, higher by Rs25.337 billion, while of specialized banks it stood at Rs97.975 billion.
Investments of all scheduled banks increased in the week by Rs1.333 billion to Rs791.916 billion against preceding week’s figure of Rs790.583 billion. Commercial banks investment rose to Rs781.457 billion, from earlier week’s Rs779.895 billion, larger by Rs1.562 billion, while of specialized banks it stood at Rs10.459 billion against previous week’s Rs10.688 billion, smaller by Rs0.229 billion.
Cash and balances with treasury banks of all scheduled banks increased by Rs8.403 billion during the week to stand at Rs315.032 billion against earlier week’s Rs306.629 billion. The figure for commercial banks also rose to Rs312.759 billion against preceding week’s figure of Rs304.218 billion, a rise of Rs8.541 billion. For specialized banks there was a decline of Rs0.138 billion to Rs2.273 billion, against earlier week’s figure of Rs2.2411 billion.
Total assets of scheduled banks stood at Rs3,802.898 billion, higher by Rs15.295 billion, over preceding week’s figure of Rs3,787.603 billion. Meanwhile, commercial banks assets stood at Rs3,686.951 billion, higher by Rs15.484 billion over previous week’s figure of Rs3,671.467 billion. Specialized banks assets fell by Rs0.189 billion to Rs115.947 billion against previous week’s Rs116.136 billion.
According to the Statement of Affairs of the State Bank of Pakistan for the week ended July 2October 21, 2006, both notes in circulation and issued increased. Notes in circulation stood at Rs868,715.675 million against earlier week’s figure of Rs836,254.585 million, a rise of Rs32,461.090 million.
