Bank borrowings continue to fall

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Karachi: According to the weekly statement of position of all scheduled banks for the week ended Oct 21, deposits and other accounts of all scheduled banks stood at Rs10,301.370bn after a 0.005pc decrease over the preceding week’s figure of Rs10,301.889bn.
Compared with last year’s corresponding figure of Rs8,993.732bn, the current week’s figure was higher by 14.54pc.
Deposits and other accounts of all commercial banks stood at Rs10,242.499bn against preceding week’s deposits of Rs10,244.236bn, showing a decrease of 0.02pc. Deposits and other accounts of specialised banks stood at Rs58.871bn, higher by 2.11pc against previous week’s figure of Rs57.653bn.
Total assets of all scheduled banks stood at Rs14,067.672bn, lower by 0.30pc over preceding week’s figure of Rs14,110.745bn. Current week’s figure is higher by8.60pc compared to last year’s corresponding figure of Rs12,953.023bn.
Total assets of all commercial banks stood at Rs13,838.633bn, lower by 0.30pc over previous week’s figure of Rs13,881.061bn, while total assets of specialised banks at Rs229.038bn, were smaller 0.28pc over the previous week’sRs229.684bn.
Investments of all scheduled banks rose against the preceding week’s figure. Compared to last year’s corresponding figure the current week’s figure is higher by 10.88pc
Gross advances of all scheduled banks stood at Rs5,140.605bn, higher by 0.53pc over the preceding week’s figure of 5,113.496bn. Compared with last year’s corresponding figure of Rs4,631.520bn, current week’s figure is higher by 11.00pc.
Advances by all commercial banks increased to Rs4,976.174bn from previous week’s Rs4,949.010bn indicating a rise of 0.55pc, whereas advances of specialised banks stood at Rs164.431bn against previous week’s 164.486bn.