According to the weekly statement of position of all scheduled banks for the week ended Feb 09, 2018 deposits and other accounts of all scheduled banks stood at Rs11,852.218 billion after a 0.80 per cent decrease over the preceding week’s figure of Rs11,947.396bn. Compared with last year’s corresponding figure of Rs10,645.414bn, the current week’s figure was higher by 11.34pc.

Deposits and other accounts of all commercial banks stood at Rs11,758.231bn against preceding week’s deposits of Rs11,855.025bn, showing a decrease of 0.82pc. Deposits and other accounts of specialised banks stood at Rs93.988bn, higher by 1.75pc against previous week’s figure of Rs92.371bn.

Total assets of all scheduled banks stood at Rs16,678.379bn, lower by 0.54pc over preceding week’s figure of Rs16,769.935bn. Current week’s figure is higher by 13.27pc compared to last year’s corresponding figure of Rs14,724.053bn.

Gross advances were 0.10pc higher; assets lower by 0.54pc

Total assets of all commercial banks stood at Rs16,396.542bn, lower by 0.57pc over previous week’s figure of Rs16,490.096bn, while total assets of specialised banks at Rs281.837bn were lower 0.71pc over the previous week’s Rs.279.838bn.

Gross advances of all scheduled banks stood at Rs6,597.571bn, higher by 0.10pc over the preceding week’s figure of Rs6,591.254bn. Compared with last year’s corresponding figure of Rs5,486.745bn, current week’s figure is higher by 20.24pc.

Advances by all commercial banks increased to Rs6,426.525bn from previous week’s Rs6,420.386bn indicating a rise of 0.09pc, whereas advances of specialised banks stood at Rs171.046bn against previous week’s Rs170.869bn.

Borrowings by all scheduled banks decreased in the week under review. It fell by 0.88pc to Rs2,563.030bn against previous week’s Rs2,585.717bn. Compared to last year’s corresponding figure of Rs1,952.275bn, current week’s figure is higher by 31.28pc.

Borrowings by commercial banks in the week at Rs2,474.435bn were lower by 0.91pc against previous week’s Rs2,497.201bn. Borrowings by specialised banks stood at Rs88.595bn against the previous week’s figure of Rs88.516bn.

Investments of all scheduled banks stood at Rs7,869.123bn against preceding week’s figure of Rs7,881.247bn, lower by 0.15pc. Compared to last year’s corresponding figure of Rs7,355.093bn, current week’s figure is higher by 7.00pc.

Investments by all commercial banks stood at Rs7,787.833bn, lower by 0.18pc against preceding week’s figure of Rs7,802.459bn, whereas investment by all specialised banks stood at Rs.81.290bn against preceding week’s figure of Rs78.788bn.

Cash and balances with treasury banks of all scheduled banks decreased over the week and stood at Rs.946.907bn against previous week’s Rs969.402bn, showing a fall of 0.32pc. Current week’s figure increased by 15.10pc compared to last year’s corresponding figure of Rs822.691bn.

Notes in circulation increased to Rs4,277.900bn from Rs4,181.388bn in the preceding week, showing a rise of 2.30pc.

Current week’s figure was higher by 14.92pc compared to last year’s corresponding figure of Rs3,722.421bn.

Approved foreign exchange increased to Rs565.471bn from preceding week’s figure of Rs518.523bn, showing a rise of 9.05pc.

Published in Dawn, The Business and Finance Weekly, February 26th, 2018