Bank deposits rise
2017-03-13
DEPOSITS and > other accounts of all scheduled banks stood at Rs10,730.19bn after a 0.47pc increase over the preceding week`s figure of Rs10,679.88bn, according to the weekly statement of position for the week ended Feb 24.
Compared with last year`s corresponding figure of Rs9,385.55bn, the current week`s figure was higher by 14.32pc.
Deposits and other accounts of all commercial banks stood at Rs10,659.14bn against preceding week`s deposits of Rs10,609.30bn, showing a rise of 0.47pc.
Deposits and other accounts of specialised banks stood at Rs71.05bn, higher by 0.67pc against previous week`s figure of Rs70.57bn.
Total assets of all scheduled banks stood at Rs14,825.96bn, higher by 0.007pc over preceding week`s figure of Rs14,824.87bn. Current week`s figure is higher by 9.68pc compared to last year`s corresponding figure of Rs13,517.39bn.
Total assets of all commercial banks stood at Rs14,577.13bn, larger by 0.003pc over previous week`s figure of Rs14,576.58bn, while total assets of specialised banks at Rs248.82bn, were higher 0.21pc over the previous week`sRs248.29bn.
Gross advances of all scheduled banks stood at Rs5,476.85bn, smaller by 0.17pc over the preceding week`s figure of Rs5,486.13bn. Comparedwith last year`s corresponding figure of Rs4,830.52bn, current week`s figure is higher by 13.38pc.
Advances by all commercial banks decreased to Rs5,310.92bn from previous week`s Rs5,320.58bn indicating a fall of 0.18pc, whereas advances of specialised banks stood at Rs165.93bnagainst previous week`s Rs165.54bn.
Borrowings by all scheduled banks decreased in the week under review. It fell by 2.54pc to Rs1,969.85bn against previous week`s Rs2,021.22bn. Compared to last year`s corresponding figure of Rs2,016.15bn, current week`s figure is lower by 2.30pc.
Borrowings by commercial banks in the week at Rs1,888.21bn were lower by 2.65pc against previous week`s Rs1,939.69bn.
Borrowings by specialised banks stood at Rs81.64bn against the previous week`s Rs81.52bn.
Investments of all scheduled banks stood at Rs7,467.21bnagainst preceding week`s figure of Rs7,422.02bn, showing an increase of 0.61pc.
Compared to last year`s corresponding figure of Rs7,019.51bn, current week`s figure is higher by 6.38pc.
Investments by all commercial banks stood at Rs7,414.90bn, higher by 0.58pc against precedingweek`s figure of Rs7,371.58bn, whereas investment by all specialised banks stood at Rs52.30bn against preceding week`s figure of Rs50.44bn.
Cash and balances with treasury banks of all scheduled banks decreased over the week and stood at Rs.802.18bn against previous week`s Rs840.37bn, showing a fall of 4.54pc. Current week`s figure increased by 0.78pc compared to last year`s corresponding figure of Rs795.96bn.
Cash and balances of all commercial banks stood at Rs798.96bn, smaller by 4.58pc over previous week`s Rs837.32bn. Cash and balances of all specialised banks were higher by 5.44pc at Rs3.21bn against the preceding week`s Rs3.04bn.
Notes in circulation stood at Rs3,669.68bn during the week ended Feb 24, according to the Statement of Affairs of the State Bank of Pakistan, against Rs3,706.60bn aweek earlier, showing a decline of 1pc. Compared to last year`s corresponding figure of Rs3,141.88bn, current week`s figure is higher by 16.80pc.
Approved foreign exchange at Rs999.76bn, was higher by 1.84pc over last week`s Rs981.71bn.
Compared to last year`s corresponding figure of Rs950.42bn, current week`s figure is higher by 5.20pc.