Printer Friendly

Bank assets rise by 1.76pc.

According to the weekly statement of position of all scheduled banks for the week ended Feb 2, 2018 deposits and other accounts of all scheduled banks stood at Rs11,947.396 billion after a 0.46 per cent decrease over the preceding week's figure of Rs12,002.239bn. Compared with last year's corresponding figure of Rs10,688.884bn, the current week's figure was higher by 11.77pc.

Deposits and other accounts of all commercial banks stood at Rs11,855.025bn against preceding week's deposits of Rs11,908.055bn, showing a decrease of 0.44pc. Deposits and other accounts of specialised banks stood at Rs92.371bn, lower by 1.92pc against previous week's figure of Rs94.185bn.

Total assets of all scheduled banks stood at Rs16,769.935bn, higher by 1.76pc over preceding week's figure of Rs16,478.380bn. Current week's figure is higher by13.84pc compared to last year's corresponding figure of Rs14,731.549bn.

Deposits decline by 0.46pc; bank borrowings increase 13.94pc

Total assets of all commercial banks stood at Rs16,490.096bn, higher by 1.82pc over previous week's figure of Rs16,194.742bn, while total assets of specialised banks at Rs279.838bn were lower 1.34pc over the previous week's Rs.283.637bn.

Gross advances of all scheduled banks stood at Rs6,591.254bn, higher by 0.53pc over the preceding week's figure of Rs6,556.145bn. Compared with last year's corresponding figure of Rs5,498.440bn, current week's figure is higher by 19.87pc.

Advances by all commercial banks increased to Rs6,420.386bn from previous week's Rs6,384.318bn indicating a rise of 0.56pc, whereas advances of specialised banks stood at Rs170.869bn against previous week's Rs171.827bn.

Investments of all scheduled banks stood at Rs7,881.247bn against preceding week's figure of Rs7,637.035bn, higher by 3.20pc. Compared to last year's corresponding figure of Rs7,372.781bn, current week's figure is higher by 6.90pc.

Investments by all commercial banks stood at Rs7,802.459bn, higher by 3.18pc against preceding week's figure of Rs7,562.018bn, whereas investment by all specialised banks stood at Rs.78.788bn against preceding week's figure of Rs75.017bn.

COPYRIGHT 2018 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Dawn (Karachi, Pakistan)
Date:Feb 19, 2018
Words:449
Previous Article:Rice exports grow, but basmati lacks lustre.
Next Article:Rupee stable against dollar.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters