According to the weekly statement of position of scheduled banks for the week ended August 28, 2004, the sum of demand and time liabilities rose in the week under review.
The sum total stood at Rs2,154,434 million against preceding week's Rs2,149,204 million, a rise of Rs5,230 million. As compared to the total deposits of Rs1,788,195 million in the corresponding period last year, current week's deposits were higher by Rs366,239 million.
During the week under review, demand deposits stood at Rs1,093,535 million, a rise of Rs5,057 million over previous week's Rs1,088,478 million. It was also higher against last year's corresponding figure of Rs857,917 million by Rs235,618 million.
Time deposits increased in the current week. At Rs1,060,899 million it was larger by Rs173 million over previous week's Rs1,060,726 million and by Rs130,621 million over last year's corresponding figure of Rs930,278 million.
Scheduled banks borrowings from the State Bank against promissory notes and other approved securities fell in the current week. At Rs152,699 million it was smaller by Rs5,487 million over preceding week's Rs158,186 million. Compared to last year's corresponding figure of Rs116,510 million, the current week's figure is higher by Rs36,189 million.
Scheduled banks borrowings from banks abroad stood at Rs7,095 million in the current week, as against Rs5,455 million a week ago, a rise of Rs1,640 million. It was smaller by Rs12,776 million over last year's corresponding figure of Rs19,871 million.
Money at call and short notice in Pakistan increased in the week over previous week's figure. It stood at Rs39,888 million, a rise of Rs638 million over preceding week's Rs39,250 million. When compared to last year's corresponding figure of Rs22,273 million, the current week's figure is higher by Rs17,615 million.
Scheduled banks' advances including bills purchased and discounted rose in the week under review. At Rs1, 364, 921 million it was larger by Rs2, 964 million over preceding week's Rs1,361,957 million. Compared to the corresponding figure a year ago, when advances were at Rs1, 043, 578 million, the current week's advances are higher by Rs321, 343 million.
Scheduled banks investment in central government securities, Treasury bills and other approved securities decreased in the current week when compared to preceding week's level.
Such investments stood at Rs776,509 million, a fall of Rs19,670 million over previous week's Rs796,179 million. Compared to last year's corresponding figure of Rs781,718 million, the current week's investment is higher by Rs5,209 million.
Total assets of scheduled banks increased in the week under review. These stood at Rs3,060,995 million against previous week's Rs3,052,861 million, a rise of Rs8,134 million. Compared to last year's corresponding figure of Rs2,540,218 million it shows a rise of Rs520,777 million.