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Bank deposits edge higher

Updated September 18, 2017

According to the weekly statement of position of all scheduled banks for the week ended Sept 1, 2017, deposits and other accounts of all scheduled banks stood at Rs11,661.904bn after a 0.09pc increase over the preceding week’s figure of Rs11,651.413bn.

Compared with last year’s corresponding figure of Rs10,223.484bn, the current week’s figure was higher by 14.07pc.

Deposits and other accounts of all commercial banks stood at Rs11,588.601bn against preceding week’s deposits of Rs11,575.717bn, showing a rise of 0.11pc.

Deposits and other accounts of specialised banks stood at Rs73.304bn, lower by 3.16pc against previous week’s figure of Rs75.696bn.

Total assets rise 1.59pc week-on-week

Total assets of all scheduled banks stood at Rs16,680.446bn, higher by 1.59pc over preceding week’s figure of Rs16,418.294bn. Current week’s figure is higher by 20.43pc compared to last year’s corresponding figure.

Total assets of all commercial banks stood at Rs16,426.893bn, higher by 1.59pc over previous week’s figure of Rs16,168.460bn, while total assets of specialised banks at Rs253.553bn were higher 1.48pc over the previous week’s Rs249.835bn.

Gross advances of all scheduled banks stood at Rs6,061.510bn, higher by 0.44pc over the preceding week’s figure of 6,034.893bn.

Advances by all commercial banks increased to Rs5,889.726bn from previous week’s Rs5,863.279bn indicating a rise of 0.45pc, whereas advances of specialised banks stood at Rs171.784bn against previous week’s 171.614bn.

Investments of all scheduled banks stood at Rs8,351.419bn against preceding week’s figure of Rs8,144.838bn, showing a rise of 2.53pc. Compared to last year’s corresponding figure of Rs7,121.568bn, current week’s figure is higher by 17.26pc.

Investments by all commercial banks stood at Rs8,292.934bn, larger by 2.56pc against preceding week’s figure of Rs8,085.370bn, whereas investment by all specialised banks stood at Rs58.485bn against preceding week’s figure of Rs59.468bn.

Published in Dawn, The Business and Finance Weekly, September 18th, 2017