Bank deposits continue to dip
ACCORDING to the weekly statement of position, deposits and other accounts of all scheduled banks for the week ended Feb 10, stood at Rs10,645.41bn after a 0.41pc decrease over the preceding week’s figure of Rs10,688.88bn. Compared with last year’s corresponding figure of Rs9,363.03bn, the current week’s figure was higher by 13.70pc.
Deposits and other accounts of all commercial banks stood at Rs10,575.10bn against preceding week’s deposits of Rs10,619.73bn, showing a decline of 0.42pc.
Deposits and other accounts of specialised banks stood at Rs70.30bn, lower by 1.68pc against previous week’s figure of Rs69.14bn.
Total assets of all scheduled banks stood at Rs14,724.05bn, lower by 0.05pc over preceding week’s figure of Rs14,731.54bn. Current week’s figure is higher by10.20pc compared to last year’s corresponding figure of Rs13,361.39bn.
Total assets of all commercial banks stood at Rs14,475.46bn, smaller by 0.06pc over previous week’s figure of Rs14,483.67bn, while total assets of specialised banks at Rs248.58bn, were smaller 0.28pc over the previous week’sRs247.87bn.
Gross advances of all scheduled banks stood at Rs5,486.74bn, smaller by 0.21pc over the preceding week’s figure of Rs5,498.44bn. Compared with last year’s corresponding figure of Rs4,828.43bn, current week’s figure is higher by 13.63pc.
Deposits and other accounts of all commercial banks stood at Rs10,575.10bn against preceding week’s deposits of Rs10,619.73bn, showing a decline of 0.42pc
Advances by all commercial banks decreased to Rs5,321.48bn from previous week’s Rs5,333.41bn indicating a fall of 0.22pc, whereas advances of specialised banks stood at Rs165.25bn against previous week’s Rs165.02bn.
Borrowings by all scheduled banks increased in the week under review. It rose by 0.45pc to Rs1,952.27bn against previous week’s Rs1,943.44bn. Compared to last year’s corresponding figure of Rs1,913.77bn, current week’s figure is higher by 2.01pc.
Borrowings by commercial banks in the week at Rs1,870.52bn were higher by 0.51pc against previous week’s Rs1,860.93bn. Borrowings by specialised banks stood at Rs81.74bn against the previous week’s Rs82.51bn.