Bank deposits decline by 1.01pc

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Bank deposits decline by 1.01pc

 

ACCORDING to the weekly statement of position of all scheduled banks for the week ended Aug 10, 2018, deposits and other accounts of all scheduled banks stood at Rs12,405.378 billion after a 1.01 per cent decrease over the preceding week’s figure of Rs12,533.176bn.

 

Compared with last year’s corresponding figure of Rs11,582.543bn, the current week’s figure was higher by 7.10pc.

 

Deposits and other accounts of all commercial banks stood at Rs12,340.640bn against preceding week’s deposits of Rs12,470.128bn, showing a fall of 1.03pc. Deposits and other accounts of specialised banks stood at Rs64.738bn, smaller by 0.47pc against previous week’s figure of Rs65.047bn.

 

Total assets up by 0.17pc; borrowings grow by 4.57pc

 

Total assets of all scheduled banks stood at Rs18,010.875bn, larger by 0.17pc over preceding week’s figure of Rs17,978.584bn. Current week’s figure is higher by 11.42pc compared to last year’s corresponding figure of Rs16,164.699bn.

 

Total assets of all commercial banks stood at Rs17,771.845bn, larger by 0.18pc over previous week’s figure of Rs17,738.654bn, while total assets of specialised banks at Rs239.030bn were smaller by 0.41pc over the previous week’sRs239.930bn.

 

Gross advances of all scheduled banks stood at Rs7,366.135bn, higher by 0.41pc over the preceding week’s figure of Rs7,336.045bn. Compared with last year’s corresponding figure of Rs6,014.555 n, current week’s figure is higher by 22.47pc.

 

Advances by all commercial banks increased to Rs7,193.906bn from previous week’s Rs7,184.616bn indicating a rise of 0.12pc, whereas advances of specialised banks stood at Rs172.229bn against previous week’s Rs172.103bn.

 

Borrowings by all scheduled banks showed a rise in the week under review. It rose by 4.57pc to Rs3,335.480bn against previous week’s Rs3,189.554bn. Compared to last year’s corresponding figure of Rs2,475.211bn, current week’s figure is higher by 34.75pc.

 

Borrowings by commercial banks in the week at Rs3,245.709bn were higher by 4.70pc against previous week’s Rs3,099.790bn. Borrowings by specialised banks stood at Rs89.772bn against the previous week’s figure of Rs89.764bn.

 

Investments of all scheduled banks stood at Rs8,201.398bn against preceding week’s figure of Rs8,128.278bn, larger by 0.89pc. Compared to last year’s corresponding figure of Rs8,075.094bn, current week’s figure is larger by 1.56pc.

 

Investments by all commercial banks stood at Rs8,154.298bn, higher by 0.89pc against preceding week’s figure of Rs8,082.202bn, whereas investment by all specialised banks stood at Rs47.100bn against preceding week’s figure of Rs46.075 bn.

 

Cash and balances with treasury banks of all scheduled banks decreased over the week and stood at Rs1,040.486bn against previous week’s Rs1,072.899bn, showing a fall of 3.02pc. Current week’s figure increased by 10.63pc compared to last year’s corresponding figure of Rs940.495bn.

 

Cash and balances of all commercial banks stood at Rs1,037.495bn, smaller by 3.03pc over previous week’s Rs1,069.990bn. Cash and balances of all specialised banks were higher by 2.81pc at Rs2.991bn against the preceding week’s Rs2.909bn.

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