Bank investments fall by 0.09pc
According to the weekly statement of position of all scheduled banks for the week ended March 9, 2018 deposits and other accounts of all scheduled banks stood at Rs11,990.427 billion after a 0.51 per cent decrease over the preceding week’s figure of Rs12,052.497bn. Compared with last year’s corresponding figure of Rs10,794.041bn, the current week’s figure was higher by 11.08pc.
Deposits and other accounts of all commercial banks stood at Rs11,901.928bn against preceding week’s deposits of Rs11,965.586bn, showing a decline of 0.53pc. Deposits and other accounts of specialised banks stood at Rs88.499bn, higher by 1.83pc against previous week’s figure of Rs86.911bn.
Total assets of all scheduled banks stood at Rs16,712.414bn, higher by 0.20pc over preceding week’s figure of Rs16,677.796bn. Current week’s figure is higher by 11.89pc compared to last year’s corresponding figure of Rs14,936.785bn.
Total assets of all scheduled banks stood higher by 0.20pc over the preceding week’s figure
Total assets of all commercial banks stood at Rs16,420.908bn, lower by 0.21pc over previous week’s figure of Rs16,385.678bn, while total assets of specialised banks at Rs291.506bn were lower 0.21pc over the previous week’s Rs.292.118bn.
Borrowings by all scheduled banks increased in the week under review. It rose by 4.46pc to Rs2,469.491bn against previous week’s Rs2,363.894bn. Compared to last year’s corresponding figure of Rs2,024.107bn, current week’s figure is higher by 22.00pc.
Borrowings by commercial banks in the week at Rs2,363.487bn were higher by 4.82pc against previous week’s Rs2,254.741bn. Borrowings by specialised banks stood at Rs106.005bn against the previous week’s figure of Rs109.153bn.
Investments of all scheduled banks stood at Rs7,793.824bn against preceding week’s figure of Rs7,800.758bn, lower by 0.09pc. Compared to last year’s corresponding figure of Rs7,538.738bn, current week’s figure is higher by 3.38pc.
Published in Dawn, The Business and Finance Weekly, March 26th, 2018