DAWN.COM

Today's Paper | May 02, 2024

Published 16 Oct, 2017 06:43am

Bank investments rise by 13.07pc

According to the weekly statement of position of all scheduled banks for the week ended September 29, deposits and other accounts of all scheduled banks stood at Rs11,979.886 billion after a 2.64 per cent increase over the preceding week’s figure of Rs11,671.125bn.

Compared with last year’s corresponding figure of Rs10,510.703bn, the current week’s figure was higher by 13.98pc.

Deposits and other accounts of all commercial banks stood at Rs11,902.00bn against preceding week’s deposits of Rs11,598.109bn, showing a rise of 2.62pc. Deposits and other accounts of specialised banks stood at Rs77.887bn, higher by 6.67pc against previous week’s figure of Rs73.016bn.

Total assets of all scheduled banks stood at Rs16,861.462bn, higher by 2.11pc over preceding week’s figure of Rs16,513.192bn. Current week’s figure is higher by16.97pc compared to last year’s corresponding figure of Rs14,415.369bn.

Total assets of all commercial banks stood at Rs16,600.876bn, higher by 2.12pc over previous week’s figure of Rs16,256.809bn, while total assets of specialised banks at Rs260.587bn, were higher 1.64pc over the previous week’s Rs.256.383bn.

Borrowings by all scheduled banks increased in the week under review by 1.34pc

Gross advances of all scheduled banks stood at Rs6,136.882bn, higher by 1.47pc over the preceding week’s figure of 6,048.241bn. Compared with last year’s corresponding figure of Rs5,120.011bn, current week’s figure is higher by 19.86pc.

Advances by all commercial banks increased to Rs5,965.019bn from previous week’s Rs5,876.637bn indicating a rise of 1.50pc, whereas advances of specialised banks stood at Rs171.864bn against previous week’s 171.604bn.

Borrowings by all scheduled banks increased in the week under review. It rose by 1.34pc to Rs2,733.731bn against previous week’s Rs2,697.557bn. Compared to last year’s corresponding figure of Rs1,925.813bn, current week’s figure is higher by 41.95pc.

Borrowings by commercial banks in the week at Rs2,647.965bn were higher by 1.57pc against previous week’s Rs2,606.977bn. Borrowings by specialised banks stood at Rs85.767bn against the previous week’s Rs90.580bn.

Investments of all scheduled banks stood at Rs8,337.973bn against preceding week’s figure of Rs8,337.838bn. Compared to last year’s corresponding figure of Rs7,373.881bn, current week’s figure is higher by 13.07pc.

Investments by all commercial banks stood at Rs8,277.335bn, higher by 0.01pc against preceding week’s figure of Rs8,276.210bn, whereas investment by all specialised banks stood at Rs60.638bn against preceding week’s figure of Rs61.628bn.

Cash and balances with treasury banks of all scheduled banks increased over the week and stood at Rs1071.002bn against previous week’s Rs961.164bn, showing a rise of 11.43pc. Current week’s figure increased by 10.45pc compared to last year’s corresponding figure of Rs969.633bn.

Cash and balances of all commercial banks stood at Rs1,066.695bn, larger by 11.47pc over previous week’s Rs956.947bn. Cash and balances of all specialised banks were higher by 2.13pc at Rs4.307bn against the preceding week’s Rs4.217bn.

Published in Dawn, The Business and Finance Weekly, October 16th, 2017

Read Comments

Pakistan's 'historic' lunar mission to be launched on Friday aboard China lunar probe Next Story