Banks' in­vest­ment on the rise

The Pak Banker - - FRONT PAGE -

The State Bank of Pak­istan in its open mar­ket op­er­a­tion on March 10 mopped up Rs61.550bn in a one-day con­tract. The amount was ac­cepted at a rate of re­turn of 5.84pc.The amount of­fered was Rs87.450bn.

Ac­cord­ing to the weekly state­ment of po­si­tion of all sched­uled banks for the week ended Feb 26, 2016, de­posits and other ac­counts of all sched­uled banks in­creased to Rs9,385.552bn from Rs9,352.810bn in the pre­vi­ous week. It was higher by 10.54pc when com­pared with Rs8,490.383bn in the same week last year.

De­posits and other ac­counts of all com­mer­cial banks inched up to Rs9,346.810bn from last week's Rs9,314.124bn. Notes in cir­cu­la­tion in­creased to Rs3,141.882bn and other ac­counts of spe­cialised banks stood at Rs38.743bn from Rs38.687bn in the pre­ced­ing week. The com­bined as­sets of all sched­uled banks rose 1.12pc to Rs13,517.392bn from Rs13,367.149bn a week ago. It was higher by 15.67pc com­pared to last year's cor­re­spond­ing fig­ure of Rs11,686.086bn.

To­tal as­sets of all com­mer­cial banks stood at Rs13,305.230bn, up by 1.14pc over pre­vi­ous week's Rs13,154.921bn. Spe­cialised banks' to­tal as­sets dropped to Rs212.162bn from Rs212.228bn in the last week. Gross ad­vances of all sched­uled banks eased 0.11pc to Rs4,830.527bn from Rs4,835.714bn a week ago. Com­pared with last year's cor­re­spond­ing fig­ure of Rs4,443.766bn, it was higher by 8.70pc.

Ad­vances by all com­mer­cial banks de­creased to Rs4,670.060bn against pre­vi­ous week's Rs4675.422bn. Ad­vances of spe­cialised banks stood at Rs160.468bn against pre­vi­ous week's Rs160.291bn.

Bor­row­ings by

all

sched­uled

banks in­creased 4.82pc to Rs2,016.156bn over pre­vi­ous week's Rs1,923.488bn. Com­pared to last year's cor­re­spond­ing fig­ure of Rs1,316.787bn, it was higher by 53.11pc. Com­mer­cial banks' bor­row­ings rose 4.89pc to Rs1,984.735bn against pre­vi­ous week's Rs1892.226bn. Bor­row­ings by spe­cialised banks stood at Rs31.421bn against Rs31.261bn a week ago. In­vest­ments of all sched­uled banks in­creased 1.64pc to Rs7,019.511bn from Rs6,906.517bn in the last week. Com­pared to last year's cor­re­spond­ing fig­ure of Rs5,585.830bn, it was higher by 25.67pc. All com­mer­cial banks' com­bined in­vest­ments stood at Rs6,987.677bn, against pre­ced­ing week's Rs6,874.689bn, an in­crease of 1.64pc. Com­pared to last year's cor­re­spond­ing fig­ure of Rs5,559.574bn, it was up by 25.68pc. In­vest­ment by all spe­cialised banks stood at Rs31.834bn, against pre­ced­ing week's fig­ure of Rs31.828bn.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.