Bank investment up

Published November 17, 2014

The government managed to raise Rs285.773bn from the auction of Treasury bills of various tenors on November 12. Like the previous auction, investors were more interested in six- and 12-month bills.

For both these bills, the cut-off yield stayed unchanged from the previous auction, and the central bank accepted all the bids it had received for them. Of the total, 12-month T-bills fetched Rs127.003bn at a cut off yield of 9.9900pc, followed by six-month T-bills with Rs122.148bn at 9.9791pc and three-month T-bills with Rs36.621bn at 9.9291pc.

The central bank had received total bids worth Rs291.001bn. Three-month T-bills had attracted Rs41.849bn.

According to the weekly statement of position of all scheduled banks for the week ending October 31, investments of all scheduled banks stood at Rs4,492.817bn, against the preceding week’s figure of Rs4,424.502bn, up 1.54pc.

Investments of all commercial banks stood at Rs4,458.56bn in the week, against the prior week’s figure of Rs4,391.551bn, up 1.52pc. Investments of all specialised banks stood at Rs34.256bn in the week, against the preceding week’s figure of Rs32.951bn.


In the latest Treasury bill auction, 12-month T-bills fetched the highest amount

of Rs127.003bn


Cash and balances with treasury banks of all scheduled banks rose 7.80pc during the week to Rs719.922bn, against the earlier week’s Rs666.603bn.

Cash and balances with treasury banks of all commercial banks stood at Rs716.462bn in the week under review, against the previous week’s figure of Rs663.241bn. Cash and balances with treasury banks of all specialised banks stood at Rs3.461bn, against the preceding week’s figure of Rs3.362bn.

Gross advances of scheduled banks stood at Rs4,317.135bn in the week ending October 31, up 0.10pc over the preceding week’s figure of Rs4,312.59bn. Advances by commercial banks increased to Rs4,181.716bn in the week, against the earlier week’s figure of Rs4,177.401bn. Advances by specialised banks stood at Rs135.419bn in the week.

Total assets of all scheduled banks stood at Rs10,664.095bn in the week under review, higher by 2.54pc over the earlier week’s figure of Rs10,400.076bn.

Total assets of all commercial banks stood at Rs10,480.012bn in the week, up 2.56pc over the previous week’s figure of Rs10,218.242bn. Total assets of all specialised banks stood at Rs184.083bn in the week, against the previous week’s figure of Rs181.834bn.

Borrowings by all scheduled banks rose to Rs854.737bn in the week ending October 31, against the preceding week’s figure of Rs750.339bn, or by 13.91pc. Borrowings by all commercial banks increased by 15.52pc to Rs777.294bn in the week, against the previous week’s Rs672.868bn. Borrowings by specialised banks stood at Rs77.443bn in the week, against the preceding week’s Rs77.47bn.

Deposits and other accounts of all scheduled banks rose 1.75pc to Rs8,160.094bn in the week under review, against the preceding week’s figure of Rs8,019.956bn.

Deposits and other accounts of all commercial banks rose to Rs8,132.03bn, against the preceding week’s figure of Rs7,994.286bn. Deposits and other accounts of all specialised banks stood at Rs28.065bn in the week, against the previous week’s figure of Rs25.67bn.

Other liabilities of all scheduled banks stood at Rs401.710bn in the week ending October 31, against the preceding week’s Rs387.753bn. Other liabilities of all commercial banks rose to Rs348.266bn in the week.

Published in Dawn, Economic & Business, November 17th, 2014

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