Money Market: Bank investments rise by 2.04pc
According to the weekly statement of position of all scheduled banks for the week ended June 29, 2018 deposits and other accounts of all scheduled banks stood at Rs13,062.787bn after a 4.68 per cent increase over the preceding week’s figure of Rs12,477.955bn. Compared with last year’s corresponding figure of Rs11,980.697bn, the current week’s figure was higher by 9.03pc.
Deposits and other accounts of all commercial banks stood at Rs12,990.966bn against preceding week’s deposits of Rs12,403.565bn, showing a rise of 4.73pc. Deposits and other accounts of specialised banks stood at Rs71.821bn, smaller by 3.45pc against previous week’s figure of Rs74.390bn.
Total assets of all scheduled banks stood at Rs18,410.294bn, higher by 3.16pc over preceding week’s figure of Rs17,846.058bn. Current week’s figure is higher by 9.56pc compared to last year’s corresponding figure of Rs16,803.027bn.
Total assets of all scheduled banks stood higher by 3.16pc over preceding week’s figure
Total assets of all commercial banks stood at Rs18,149.103bn, higher by 3.16pc over previous week’s figure of Rs17,591.627bn, while total assets of specialised banks at Rs261.191bn were higher by 2.65pc over the previous week’s Rs254.431bn.
Borrowings by all scheduled banks showed a fall in the week under review. It fell by 0.88pc to Rs3,014.680bn against previous week’s Rs3,041.538bn. Compared to last year’s corresponding figure of Rs2,654.899bn, current week’s figure is higher by 13.55pc.