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Bank assets rise 0.91pc

Updated September 11, 2017

DEPOSITS and other accounts of all scheduled banks stood at Rs11,651.413 billion after a 0.86 per cent increase over the preceding week, according to the weekly statement of position of all scheduled banks for the week ended Aug 25. On a year-on-year basis, the figure was higher by 14.61pc.

Deposits and other accounts of all commercial banks rose 0.59pc week-on-week to Rs11,547.963bn, while those of specialised banks jumped 4.93 pc to Rs75.696bn.

Total assets of all scheduled banks stood at Rs16,418.294bn, higher by 0.91pc over the preceding week’s figure. The increase was 18.19pc on a year-on-year basis.

Total assets of all commercial banks increased by 0.91pc to Rs16,168.460bn, while those of specialised banks by 1.17pc to Rs249.835bn.

Gross advances show an increase of 0.27pc

Gross advances of all scheduled banks stood at Rs6,034.893bn, higher by 0.27pc over the preceding week’s figure. Compared with last year’s corresponding figure of Rs5,040.705bn, the outgoing week’s figure was higher by 19.72pc.

Advances by all commercial banks increased to Rs5,863.279bn over the previous week, indicating a rise of 0.27pc, whereas advances of specialised banks stood at Rs171.614bn against previous week’s 171.401bn.

Borrowings by all scheduled banks increased by 1.22pc to Rs2,630.417bn. Compared to last year’s corresponding figure, the figure was higher by 50.94pc.

Borrowings by commercial banks in the week at Rs2,547.963bn were higher by 1.25pc against the previous week. Borrowings by specialised banks stood at Rs82.454bn against the previous week’s Rs82.276bn.

Investments of all scheduled banks stood at Rs8,144.838bn against the preceding week’s figure of Rs8,144.998bn, showing a fall of 0.002pc. Compared to last year’s corresponding figure of Rs7,114.162bn, the outgoing week’s figure was higher by 14.48pc.

Investments by all commercial banks stood at Rs8,085.370bn, lower by 0.06pc against preceding week’s figure of Rs8090.982bn, whereas investment by all specialised banks stood at Rs59.468bn against preceding week’s figure of Rs54.016bn.

Cash and balances with treasury banks of all scheduled banks decreased over the week and stood at Rs1,060.138bn against previous week’s Rs927.081bn, showing a rise of 14.35pc. The increased was 28.26pc compared to last year’s corresponding figure of Rs826.511bn.

Cash and balances of all commercial banks stood at Rs1,055.927bn, higher by 14.41pc over previous week’s Rs922.919bn. Cash and balances of all specialised banks were higher by 1.20pc at Rs4.212bn against the preceding week’s Rs4.162bn.

Published in Dawn, The Business and Finance Weekly, September 11th, 2017