Money Market: Bank investments rise by 2.04pc2 min read

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According to the weekly statement of position of all scheduled money market banks for the week ended June 29, 2018 deposits and other accounts of all scheduled banks stood at Rs13,062.787 billion after a 4.68 per cent increase over the preceding week’s figure of Rs12,477.955 billion. Compared with last year’s corresponding figure of Rs11,980.697 billion, the current week’s figure was higher by 9.03 per cent.

Deposits and other accounts of all commercial banks stood at Rs12,990.966bn against preceding week’s deposits of Rs12,403.565 billion, showing a rise of 4.73 per cent. Deposits and other accounts of specialised banks stood at Rs71.821 billion, smaller by 3.45 per cent against previous week’s figure of Rs74.390 billion.

Total assets of all scheduled banks stood at Rs18,410.294bn, higher by 3.16pc over preceding week’s figure of Rs17,846.058bn. Current week’s figure is higher by 9.56pc compared to last year’s corresponding figure of Rs16,803.027bn.

Total assets of all scheduled banks stood higher by 3.16pc over preceding week’s figure

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Total assets of all commercial banks stood at Rs18,149.103bn, higher by 3.16pc over previous week’s figure of Rs17,591.627bn, while total assets of specialised banks at Rs261.191bn were higher by 2.65pc over the previous week’s Rs254.431bn.

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Borrowings by all scheduled banks showed a fall in the week under review. It fell by 0.88pc to Rs3,014.680bn against previous week’s Rs3,041.538bn. Compared to last year’s corresponding figure of Rs2,654.899bn, current week’s figure is higher by 13.55pc.

Borrowings by commercial banks in the week at Rs2,914.574bn were smaller by 1.23pc against previous week’s Rs2,951.036bn. Borrowings by specialised banks stood at Rs100.106bn against the previous week’s figure of Rs90.501bn.

Investments of all scheduled banks stood at Rs8,178.723bn against preceding week’s figure of Rs8,014.637bn, higher by 2.04pc. Compared to last year’s corresponding figure of Rs8,166.143bn, current week’s figure is higher by 0.15pc.

(This news/article originally appeared in Dawn News on July 16th, 2018)

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