DEPOSITS and other accounts of all scheduled banks stood at Rs11,320.56bn after a 2.98pc increase over the preceding week’s figure of Rs10,992.69bn, according to the weekly statement of position of all scheduled banks for the week ended June 2.

Compared with last year’s corresponding figure of Rs9,684.05bn, the current week’s figure was higher by 16.90pc.

Deposits and other accounts of all commercial banks stood at Rs11,244.87bn against preceding week’s deposits of Rs10,929.28bn, showing a rise of 2.89pc. Deposits and other accounts of specialised banks stood at Rs75.69bn, higher by 19.35pc against previous week’s figure of Rs63.41bn.

Deposits and other accounts of all commercial banks stood at Rs11,244.87bn against preceding week’s deposits of Rs10,929.28bn, showing a rise of 2.89pc

Total assets of all scheduled banks stood at Rs15,954.96bn, higher by 0.75pc over preceding week’s figure of Rs15,836.12bn. Current week’s figure is higher by15.16pc compared to last year’s corresponding figure of Rs13,854.15bn.

Total assets of all commercial banks stood at Rs15,701.39bn, higher by 0.68pc over previous week’s figure of Rs15,595.41bn, while total assets of specialised banks at Rs253.56bn, were larger 5.34pc over the previous week’s Rs240.71bn.

Gross advances of all scheduled banks stood at Rs5,979.33bn, higher by 0.73pc over the preceding week’s figure of Rs5,935.78bn. Compared with last year’s corresponding figure of Rs5,051.80bn, current week’s figure is higher by 18.36pc.

Advances by all commercial banks increased to Rs5,810.85bn from previous week’s Rs5,767. 35bn indicating a rise of 0.75pc, whereas advances of specialised banks stood at Rs168.47bn against previous week’s Rs168.42bn.

Borrowings by all scheduled banks decreased in the week under review. It fell by 1.07pc to Rs2,409.57bn against previous week’s Rs2,435.59bn. Compared to last year’s corresponding figure of Rs2,060.88bn, current week’s figure is higher by 16.92pc.

Borrowings by commercial banks in the week at Rs2,377.46bn were lower by 1.12pc against previous week’s Rs2,404.29bn. Borrowings by specialised banks stood at Rs32.11bn against the previous week’s Rs31.29bn.

Investments of all scheduled banks stood at Rs7,876.23bn against preceding week’s figure of Rs7,849.35bn, showing a rise of 0.34pc. Compared to last year’s corresponding figure of Rs7,117.12bn, current week’s figure is higher by 10.67pc.

Investments by all commercial banks stood at Rs7,818.61bn, higher by 0.21pc against preceding week’s figure of Rs7,801.94bn, whereas investment by all specialised banks stood at Rs57.62bn against preceding week’s figure of Rs47.41bn.

Cash and balances with treasury banks of all scheduled banks increased over the week and stood at Rs961.07bn against previous week’s Rs900.37bn, showing a rise of 6.74pc. Current week’s figure increased by 28.20pc compared to last year’s corresponding figure of Rs749.73bn.

Cash and balances of all commercial banks stood at Rs957.26bn, larger by 6.80pc over previous week’s Rs896.35bn. Cash and balances of all specialised banks were smaller by 5.31pc at Rs3.81bn against the preceding week’s Rs4.02bn.

Notes in circulation stood at Rs3,924.90bn during the week ended June 2, according to the Statement of Affairs of the State Bank of Pakistan, against Rs3,877.61bn a week earlier, showing a rise of 1.22pc.

Compared to last year’s corresponding figure of Rs3,340.73bn, current week’s figure is higher by 17.48pc.

Approved foreign exchange fell in the week under review and stood at Rs734.59bn, lower by 8.13pc over last week’s Rs799.60bn. Compared to last year’s corresponding figure of Rs866.71bn current week’s figure is lower by 15.24pc.

Published in Dawn, The Business and Finance Weekly, June 19th, 2017