According to the weekly statement of position of all scheduled banks for the week ended Feb 16, 2018 deposits and other accounts of all scheduled banks stood at Rs11,888.106 billion after a 0.30 per cent increase over the preceding week’s figure of Rs11,852.218bn. Compared with last year’s corresponding figure of Rs10,679.886bn, the current week’s figure was higher by 11.31pc.
Deposits and other accounts of all commercial banks stood at Rs11,798.603bn against preceding week’s deposits of Rs11,758.231bn, showing an increase of 0.34pc. Deposits and other accounts of specialised banks stood at Rs89.503bn, lower by 4.77pc against previous week’s figure of Rs93.988bn.
Total assets of all scheduled banks stood at Rs17,017.027bn, higher by 2.03pc over preceding week’s figure of Rs16,678.379bn. Current week’s figure is higher by 14.78pc compared to last year’s corresponding figure of Rs14,824.875bn.
Total assets rose 2.03pc; borrowings grew 12.40pc
Total assets of all commercial banks stood at Rs16,729.002bn, higher by 2.03pc over previous week’s figure of Rs16,396.542bn, while total assets of specialised banks at Rs288.025bn were higher 2.20pc over the previous week’s Rs.281.837bn.
Gross advances of all scheduled banks stood at Rs6,620.732bn, higher by 0.35pc over the preceding week’s figure of Rs6,597.571bn. Compared with last year’s corresponding figure of Rs5,486.132bn, current week’s figure is higher by 20.68pc.
Advances by all commercial banks increased to Rs6,449.393bn from previous week’s Rs6,426.525bn indicating a rise of 0.36pc, whereas advances of specialised banks stood at Rs171.340bn against previous week’s Rs171.046bn.
Borrowings by all scheduled banks increased in the week under review. It rose by 12.40pc to Rs2,880.838bn against previous week’s Rs2,563.030bn. Compared to last year’s corresponding figure of Rs2,021.225bn, current week’s figure is higher by 42.53pc.
Borrowings by commercial banks in the week at Rs2,780.717bn were higher by 12.38pc against previous week’s Rs2,474.435bn. Borrowings by specialised banks stood at Rs100.121bn against the previous week’s figure of Rs88.595bn.
Published in Dawn, The Business and Finance Weekly, March 5th, 2018