According to the weekly statement of position of all scheduled banks for the week ended December 22, 2017 deposits and other accounts of all scheduled banks stood at Rs11,964.134 billion after a 1.05 per cent increase over the preceding week’s figure of Rs11,839.149bn. Compared with last year’s corresponding figure of Rs10,663.648bn, the current week’s figure was higher by 12.20pc.

Deposits and other accounts of all commercial banks stood at Rs11,884.263bn against preceding week’s deposits of Rs11,756.964bn, showing a rise of 1.08pc. Deposits and other accounts of specialised banks stood at Rs79.871bn, lower by 2.80pc against previous week’s figure of Rs82.18bn.

Total assets of all scheduled banks stood at Rs16,968.144bn, lower by 1.20pc over preceding week’s figure of Rs17,174.809bn. Current week’s figure is higher by 16.87pc compared to last year’s corresponding figure of Rs14,517.784bn.

Borrowings by all scheduled banks decreased in the week under review

Total assets of all commercial banks stood at Rs16,682.124bn, lower by 1.16pc over previous week’s figure of Rs16,878.681bn, while total assets of specialised banks at Rs286.020bn were lower 3.41pc over the previous week’s Rs296.128bn.

Borrowings by all scheduled banks decreased in the week under review. It declined by 10.70pc to Rs2,802.466bn against previous week’s Rs3,138.072bn. Compared to last year’s corresponding figure of Rs1,791.720bn, current week’s figure is higher by 56.41pc.

Borrowings by commercial banks in the week at Rs2,692.120bn were lower by 10.93pc against previous week’s Rs3,022.613bn. Borrowings by specialised banks stood at Rs110.346bn against the previous week’s figure of Rs115.458bn.

Investments of all scheduled banks stood at Rs8,308.474bn against preceding week’s figure of Rs8,639.349bn, lower by 3.83pc. Compared to last year’s corresponding figure of Rs7,184.606bn, current week’s figure is higher by 15.64pc.

Investments by all commercial banks stood at Rs8,228.417bn, lower by 3.70pc against preceding week’s figure of Rs8,544.345bn, whereas investment by all specialised banks stood at Rs80.057bn against preceding week’s figure of Rs95.004bn.

Published in Dawn, The Business and Finance Weekly, January 8th,2018

Opinion

Editorial

ICJ rebuke
26 May, 2024

ICJ rebuke

MATTERS are not going well for Israel where world opinion regarding its murderous activities in Gaza is concerned. ...
Hot spells
26 May, 2024

Hot spells

WITH Pakistan already dealing with a heatwave that has affected 26 districts since May 21, word from the climate...
Defiant stance
26 May, 2024

Defiant stance

AT a time when the country is in talks with the IMF for a medium-term loan crucial to bolstering the fragile ...
More pledges
Updated 25 May, 2024

More pledges

There needs to be continuity in economic policies, while development must be focused on bringing prosperity to the masses.
Pemra overreach
25 May, 2024

Pemra overreach

IT seems, at best, a misguided measure and, at worst, an attempt to abuse regulatory power to silence the media. A...
Enduring threat
25 May, 2024

Enduring threat

THE death this week of journalist Nasrullah Gadani, who succumbed to injuries after being attacked by gunmen, is yet...