Both notes in circulation and those issues rose over the week, according to the Statement of Affairs of the State Bank of Pakistan, for the week ended February 15, 2013.

Notes in circulation stood at Rs2075.255 billion (bn) against earlier week’s figure of Rs2070.872bn, a rise of Rs4.383bn.

When compared to the corresponding figure a year ago of Rs1794.098bn, the current week’s figure is higher by Rs281.157bn.

Total notes issued also increased in the current week from the preceding week’s level. At Rs2075.453bn, it was larger by Rs4.475bn from the figure of Rs2070.978bn recorded a week earlier.

In the corresponding week last year, it had amounted to Rs1794.202bn, which showed that the current week’s figure was higher by Rs281.251bn.

Approved foreign exchange increased in the week to Rs219.325bn, higher by Rs14.969bn from the preceding week’s figure of Rs204.356bn. When compared to the corresponding week a year ago, the figure was Rs417.709bn, the current week’s figure is lesser by Rs198.384bn.

Balances held outside Pakistan in approved foreign exchange decreased in the week under review. It stood at Rs602.176bn over the preceding week’s figure of Rs644.894bn, a fall of Rs42.718bn. Compared to last year’s corresponding figure of Rs695.194bn, the current week’s figure is short by Rs93.018bn.

Loans and advances of scheduled banks to the three sectors – agricultural, industrial and export – showed a mixed trend in the week under review. The agricultural sector received Rs52.230bn, against preceding week’s Rs52.223bn, showing a fall of Rs0.007bn. The current week’s figure is higher by Rs0.472bn from last year’s corresponding figure of Rs51.753bn.

The industrial sector received Rs40.790bn against the preceding week’s Rs40.602bn, a rise of Rs0.188bn. The current week’s figure was lower by Rs1.246bn when compared with last year’s figure of Rs42.036bn.

Loan and advances to the export sector were Rs201.002bn, higher by Rs1.958bn from the previous week’s figure of Rs199.044bn. The current week’s figure was higher by Rs5.954bn, when compared with last year’s corresponding figure of Rs195.048bn In the week ended February 15, 2013, deposits and other accounts of all scheduled banks increased, and stood at Rs6661.807bn, higher by Rs7.666bn from the preceding week’s figure of Rs6654.141bn. Compared with last year’s corresponding figure of Rs5668.478bn, the current week’s figure is higher by Rs993.329bn. During the current week, commercial banks deposits increased by Rs7.432bn to Rs6647.984bn, against the preceding week’s level of Rs6640.552bn. Specialised banks’ deposits stood at Rs13.823bn, against the previous week’s Rs13.589bn.

According to the weekly statement of position of all scheduled banks for the week ended February 15, 2013, borrowings by all scheduled banks declined. It fell by Rs4.646bn to Rs1009.979bn, from the preceding week’s figure of Rs1014.625bn. When compared with last year’s corresponding figure of Rs726.983bn, the current week’s figure is higher by Rs282.996bn. Commercial banks’ borrowings decreased to Rs931.736bn, from the previous week’s Rs936.375bn, or by Rs4.639bn. Borrowings by specialised banks stood at Rs78.243bn, against the preceding week’s Rs78.250bn.

Other liabilities of all scheduled banks stood at Rs357.154bn, against the preceding week’s level of Rs352.873bn, showing an increase of Rs4.281bn. Compared with last year’s corresponding figure of Rs284.658bn, the current week’s figure is higher by Rs72.496bn.

Gross advances stood at Rs3880.034bn in the week under review, an increase of Rs3.566bn from the preceding week’s figure of Rs3876.468bn. Compared with last year’s corresponding figure of Rs3534.271bn, the current week’s figure is higher by Rs345.763bn. Advances by commercial banks rose to Rs3761.093bn, against the preceding week’s figure of Rs3757.714bn, an increase of Rs3.379bn. Advances of specialised banks stood at Rs118.941bn.

Investments of all scheduled banks fell by Rs17.067bn, as they stood at Rs3942.046bn during the week under review, compared with last week’s figure of Rs3959.113bn. When compared with last year’s corresponding figure of Rs3064.099bn, the current week’s figure is higher by Rs877.947bn. In the current week, commercial banks investments stood at Rs3916.877bn, against the preceding week’s figure of Rs3934.723bn, a decline of Rs17.846bn. Specialised banks investments stood at Rs25.169bn.

Cash and balances with treasury banks of all scheduled banks increased by Rs8.251bn during the week, to stand at Rs567.343bn, against last week’s Rs559.092bn. The current week’s figure is higher by Rs95.393bn when compared to last year’s corresponding figure of Rs471.950bn. In the current week, the figure for commercial banks stood at Rs564.707bn, against the last week’s figure of Rs556.423bn, an increase of Rs8.284bn, while that of specialised banks stood at Rs2.636bn, against the preceding week’s Rs2.669bn.

Balances with other banks declined to Rs149.063bn, against Rs154.197bn in the previous week, or by Rs5.134bn. When compared with Rs145.119bn in the corresponding week last year, the amount fell by Rs3.944bn. Balances of all commercial banks stood at Rs141.608bn, a fall of Rs4.545bn from the preceding week’s figure of Rs146.153bn. Balances of specialised banks stood at Rs7.455bn.

Total assets of scheduled banks stood at Rs9092.713bn, after having fallen by Rs5.27bn from last week’s figure of Rs9097.983bn. The current week’s figure was higher by Rs1444.817bn when compared with last year’s corresponding figure of Rs7647.896bn. In the current week, commercial banks’ assets stood at Rs8937.046bn, having dropped by Rs4.028bn from the previous week’s figure of Rs8941.074bn. Assets of specialised banks stood at Rs155.668bn.

Net assets of all scheduled banks stood at Rs907.763bn, against the preceding week’s figure of Rs908.542bn, showing a fall of Rs0.779bn. The current week’s figure was higher by Rs82.026bn when compared with last year’s corresponding figure of Rs825.737bn. The figure for commercial banks stood at Rs893.632bn, an increase of Rs0.584bn from the preceding week’s figure of Rs893.048bn.