DEPOSITS and other accounts of all scheduled banks stood at Rs11,163.34bn after a 0.14pc decrease over the preceding week’s figure of Rs11,179.26bn, according to the weekly statement of scheduled banks for the week ended May 19.

Compared with last year’s corresponding figure of Rs9,659.05bn, the current week’s figure was higher by 15.57pc.

Deposits and other accounts of commercial banks stood at Rs11,088.01bn against preceding week’s deposits of Rs11,103.45bn, showing a fall of 0.14pc. Deposits and other accounts of specialised banks stood at Rs75.33bn, lower by 0.64pc against previous week’s figure of Rs75.81bn.

Total assets of scheduled banks stood at Rs15,779.95bn, higher by 0.21pc over preceding week’s figure of Rs15,746.66bn. Current week’s figure is higher by 16.05pc compared to last year’s corresponding figure of Rs13,597.32bn.

Total assets of scheduled banks stood at Rs15,779.95bn, higher by 0.21pc over preceding week’s figure of Rs15,746.66bn

Total assets of commercial banks stood at Rs15,532.24bn, higher by 0.20pc over previous week’s figure of Rs15,499.90bn, while total assets of specialised banks at Rs247.71bn, were larger 0.38pc over the previous week’s Rs246.76bn.

Gross advances of scheduled banks stood at Rs5,905.59bn, higher by 0.61pc over the preceding week’s figure of Rs5,869.52bn. Compared with last year’s corresponding figure of Rs5,036.99bn, current week’s figure is higher by 17.24pc.

Advances by all commercial banks increased to Rs5,737.01bn from previous week’s Rs5,700. 82bn indicating a rise of 0.63pc, whereas advances of specialised banks stood at Rs168.58bn against previous week’s Rs168.70bn.

Borrowings by scheduled banks increased in the week under review. It rose by 1.50pc to Rs2,405.16bn against previous week’s Rs2,369.54bn. Compared to last year’s corresponding figure of Rs1,885.98bn, current week’s figure is higher by 27.53pc.

Chart by Rehan Ahmed
Chart by Rehan Ahmed

Borrowings by commercial banks in the week at Rs2,377.75bn were higher by 1.48pc against previous week’s Rs2,342.99bn. Borrowings by specialised banks stood at Rs27.40bn against the previous week’s Rs26.54bn.

Investments of scheduled banks stood at Rs7,904.33bn against preceding week’s figure of Rs7,856.58bn, showing an increase of 0.61pc. Compared to last year’s corresponding figure of Rs6,878.60bn, current week’s figure is higher by 14.91pc.

Investments of commercial banks stood at Rs7,850.16bn, higher by 0.60pc against preceding week’s figure of Rs7,802.97bn, whereas investment by all specialised banks stood at Rs54.17bn against preceding week’s figure of Rs53.60bn.

Cash and balances with treasury banks of scheduled banks decreased over the week and stood at Rs898.36bn against previous week’s Rs936.06bn, showing a fall of 4.03pc. Current week’s figure increased by 16.37pc compared to last year’s corresponding figure of Rs771.96bn.

Cash and balances of all commercial banks stood at Rs894.64bn, smaller by 4.06pc over previous week’s Rs932.55bn. Cash and balances of all specialised banks were higher by 6.21pc at Rs3.72bn against the preceding week’s Rs3.51bn.

Notes in circulation stood at Rs3,865.90bn during the week ended May 19, according to the State Bank of Pakistan, against Rs3,858.34bn a week earlier, showing a rise of 0.20pc.

Published in Dawn, The Business and Finance Weekly, June 5th, 2017

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