25 July, 2014 / Ramazan 26, 1435

Bank borrowing drops

Published Sep 26, 2011 03:51am

In the current week, commercial banks assets stood at Rs7021.3bn, higher by Rs3.4bn over previous week’s figure of Rs7017.9bn, while of specialised banks it stood at Rs140.1bn. - File photo

On September 21, the SBP raised Rs152 billion through treasury bill auction. Rs104bn were raised through auction of 1 year T-bills, Rs47bn through 6 month T-bills and Rs1bn was invested in 3 month T-bills.

According to the weekly statement for the week ending September 9, deposits and other accounts of the scheduled banks decreased in the current week and stood at Rs5383.2bn, higher by Rs18.5bn over preceding week’s figure of Rs5364.7bn.

Compared with last year’s corresponding figure of Rs4640.8bn, the current week’s figure is larger by Rs742.4bn. During the current week, commercial banks deposits showed a rise of Rs18.6bn over the week to Rs5350.4bn, against preceding week’s Rs5350.4bn. Specialised banks deposits stood at Rs14.1bn.

Borrowings by all scheduled banks decreased in the week. It fell to Rs610.1bn over preceding week’s figure of Rs632.4bn, or by Rs22.3bn. Compared to last year’s corresponding figure of Rs557.9bn, current week’s figure is higher by Rs52.2bn.

Commercial banks borrowings fell to Rs535.4bn against previous week’s Rs557.8bn, or by Rs22.4bn. Borrowings by specialised banks stood at Rs74.7bn.

Gross advances stood at Rs3391.2bn in the week under review, a fall of Rs20.6bn over preceding week’s figure of Rs3411.8bn.

Compared to last year’s corresponding figure of Rs3291bn, current week’s figure is larger by Rs100bn. In the week under review, advances by commercial banks decreased to Rs3276.5bn against earlier week’s figure of Rs3297.2bn, or by Rs20.7bn. Advances of specialised banks stood at Rs114.6bn.

Investments of all scheduled banks stood at Rs2662.7bn, against preceding week’s figure of Rs2657.3bn, an increase of Rs5.4bn. Compared to last year’s corresponding figure of  Rs1834.8bn, current week’s figure is larger by Rs827.9bn. In the current week, commercial banks investment stood at Rs2643.2bn, against preceding week’s figure of Rs2638.0bn, a rise of  Rs5.2bn. Specialised banks investment stood at Rs19.5bn.

Cash and balances with treasury banks of all scheduled banks decreased by Rs5.5bn during the week to stand at Rs469.0bn against earlier week’s Rs475.5bn. Current week’s figure is higher by Rs47.4bn compared to last year’s corresponding figure of Rs421.6bn. In the current week, the figure for commercial banks stood at Rs466.4bn against preceding week’s figure of Rs471.9bn, a fall of Rs5.5bn, while of specialised banks it stood at Rs2.6bn.

Balances with other banks increased to Rs124.2bn against Rs118.7bn in the previous week, or by Rs5.5bn. It was, lower by Rs32.8bn against Rs157.0bn in the corresponding week last year.

Balances of all commercial banks stood at Rs117.3bn, a rise of Rs5.6bn over preceding week’s figure of Rs111.7bn. Balances of specialised banks stood at Rs6.9bn.

Net assets stood at Rs746.7bn against previous week’s Rs739.0bn, showing a rise of Rs7.7bn. Compared to last year’s corresponding figure of Rs653.4bn, the current week’s figure is higher by Rs93.3bn. During the week under review, commercial banks net assets showed a rise of Rs7.6bn to Rs739.1bn against preceding week’s Rs731.5bn. Of specialised banks it rose to Rs7.7bn against preceding week’s Rs7.5bn.

Total assets of scheduled banks stood at Rs7161.5bn, higher by Rs3.7bn, over preceding week’s figure of Rs7157.8bn. Current week’s figure was higher by Rs913.9bn compared to last year’s corresponding figure of Rs6247.6bn.

In the current week, commercial banks assets stood at Rs7021.3bn, higher by Rs3.4bn over previous week’s figure of Rs7017.9bn, while of specialised banks it stood at Rs140.1bn.

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