April 30, 2007
Investments of scheduled banks increased to Rs973 billion
At the Treasury Bill auction on April 25, the State Bank of Pakistan raised Rs47.8 billion from 3, 6 and 12 month T-Bills. The SBP raised Rs49.020 million from three month paper at 8.68 per cent, Rs3.399 billion from 6-month at 8.90 per cent and Rs44.354 billion from the auction of 12 month paper at 9.08 per cent.
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2April 14, 2007, both notes in circulation and those issued decreased in the week. Notes in circulation stood at Rs900,537.351 million against earlier weekâs figure of Rs900,616.891 million, a fall of Rs79.54 million. When compared to the corresponding week a year ago when it was Rs801,026.717 million, the current weekâs figure is higher by Rs101,065.326 million.
Total notes issued also decreased in the current week over preceding weekâs level. At Rs900,667.316 million it was smaller by Rs102.822 million over the figure of Rs900,770.138 million recorded a week earlier. In the corresponding week last year it amounted to Rs801,178.199 million, which shows current weekâs figure to be higher by Rs99,489.117 million over last yearâs corresponding figure.
Approved foreign exchange increased in the week to Rs590,770.437 million or by Rs1,684.412 million over preceding weekâs figure of Rs589,086.025 million. When compared to the corresponding week a year ago, when the figure was Rs512,859.600 million, the current weekâs figure is higher by Rs77,910.837 million.
Balances held outside Pakistan in approved foreign exchange increased in the week under review. It stood at Rs133,376.231 million over preceding weekâs figure of Rs131,771.965 million, an increase of Rs1,604.266 million. Compared to last yearâs corresponding figure of Rs159,342.519 million, the current weekâs figure is smaller by Rs25,966.288 million.
Loans and advances of scheduled banks to the three sectors â agricultural, industrial and export showed a mixed trend in the week under review. The agricultural sector received Rs60,183.529 million, against preceding weekâs figure of Rs59,483.528 million, showing current weekâs figure to be larger by Rs700.001 million. The current weekâs figure is smaller by Rs1,467.394 million over last yearâs corresponding figure of Rs61,650.923 million.
There was an inflow of Rs41,701.931 million to the industrial sector during the week under review, a rise of Rs69.018 million against preceding weekâs figure of Rs41,632.913 million. When compared to last yearâs corresponding figure of Rs5,706.844 million, the current weekâs figure is higher by Rs35,995.087 million.
The export sector received Rs136,477.863 million against previous weekâs figure of Rs136,796.827 million, a fall of Rs318.964 million. Current weekâs figure was larger by Rs29,964.831 million over last yearâs corresponding figure of Rs106,513.032 million.
According to the weekly statement of position of all scheduled banks for the week ended April 14 2007, deposits and other accounts of the scheduled banks stood at Rs3,147.535 billion, higher by Rs15.905 billion over preceding weekâs figure of Rs3,131.630 billion. Commercial banks deposits showed a rise of Rs16.154 billion over the week to Rs3,136.381 billion, against preceding weekâs Rs3,120.227 billion, while of specialized banks it fell by Rs0.249 billion to Rs11.154 billion, over previous weekâs Rs11.403 billion.
Borrowings by all scheduled banks decreased during the week over preceding weekâs figure. It fell to Rs390.711 billion over preceding weekâs figure of Rs395.946 billion, a fall of Rs5.235 billion. This was primarily due to a decline in the borrowings by commercial banks, which fell to Rs307.567 billion against previous weekâs Rs313.503 billion, or by Rs5.936 billion, while borrowings by specialised banks stood at Rs83.143 billion, against preceding weekâs figure of Rs82.443 billion, showing a fall of Rs0.7 billion.
Gross advances stood at Rs2,372.633 billion in the week under review, a decline of Rs5.333 billion over preceding weekâs figure of Rs2,377.966 billion. Advances by commercial banks decreased to Rs2,278.692 billion against earlier weekâs figure of Rs2,283.988 billion, or by Rs5.296 billion, while of specialized banks it stood at Rs93.941 billion against preceding weekâs Rs93.978 billion, showing a fall of Rs0.037 billion.
Investments of all scheduled banks increased in the week by Rs41.219 billion to Rs973.521 billion against preceding weekâs figure of Rs932.302 billion. Commercial banks investment rose to Rs963.009 billion, from earlier weekâs Rs921.908 billion, higher by Rs41.101 billion, while of specialized banks it stood at Rs10.512 billion against previous weekâs Rs10.394 billion, lower by Rs0.118 billion.
Cash and balances with treasury banks of all scheduled banks declined by Rs7.63 billion during the week to stand at Rs323.612 billion against earlier weekâs Rs331.242 billion. The figure for commercial banks stood at Rs321.360 billion against preceding weekâs figure of Rs328.941 billion, a fall of Rs7.581 billion. For specialized banks there was a decline of Rs0.048 billion to Rs2.252 billion, against earlier weekâs figure of Rs2.300 billion.
Total assets of scheduled banks stood at Rs4,216.340 billion, higher by Rs18.151 billion, over preceding weekâs figure of Rs4,198.189 billion. Meanwhile, commercial banks assets stood at Rs4,104.430 billion, higher by Rs17.056 billion over previous weekâs figure of Rs4,087.430 billion. Specialized banks assets rose by Rs1.096 billion to Rs111.854 billion against previous weekâs Rs110.758 billion.
http://www.dawn.com/2007/04/30/ebr19.htm
Investments of scheduled banks increased to Rs973 billion
At the Treasury Bill auction on April 25, the State Bank of Pakistan raised Rs47.8 billion from 3, 6 and 12 month T-Bills. The SBP raised Rs49.020 million from three month paper at 8.68 per cent, Rs3.399 billion from 6-month at 8.90 per cent and Rs44.354 billion from the auction of 12 month paper at 9.08 per cent.
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2April 14, 2007, both notes in circulation and those issued decreased in the week. Notes in circulation stood at Rs900,537.351 million against earlier weekâs figure of Rs900,616.891 million, a fall of Rs79.54 million. When compared to the corresponding week a year ago when it was Rs801,026.717 million, the current weekâs figure is higher by Rs101,065.326 million.
Total notes issued also decreased in the current week over preceding weekâs level. At Rs900,667.316 million it was smaller by Rs102.822 million over the figure of Rs900,770.138 million recorded a week earlier. In the corresponding week last year it amounted to Rs801,178.199 million, which shows current weekâs figure to be higher by Rs99,489.117 million over last yearâs corresponding figure.
Approved foreign exchange increased in the week to Rs590,770.437 million or by Rs1,684.412 million over preceding weekâs figure of Rs589,086.025 million. When compared to the corresponding week a year ago, when the figure was Rs512,859.600 million, the current weekâs figure is higher by Rs77,910.837 million.
Balances held outside Pakistan in approved foreign exchange increased in the week under review. It stood at Rs133,376.231 million over preceding weekâs figure of Rs131,771.965 million, an increase of Rs1,604.266 million. Compared to last yearâs corresponding figure of Rs159,342.519 million, the current weekâs figure is smaller by Rs25,966.288 million.
Loans and advances of scheduled banks to the three sectors â agricultural, industrial and export showed a mixed trend in the week under review. The agricultural sector received Rs60,183.529 million, against preceding weekâs figure of Rs59,483.528 million, showing current weekâs figure to be larger by Rs700.001 million. The current weekâs figure is smaller by Rs1,467.394 million over last yearâs corresponding figure of Rs61,650.923 million.
There was an inflow of Rs41,701.931 million to the industrial sector during the week under review, a rise of Rs69.018 million against preceding weekâs figure of Rs41,632.913 million. When compared to last yearâs corresponding figure of Rs5,706.844 million, the current weekâs figure is higher by Rs35,995.087 million.
The export sector received Rs136,477.863 million against previous weekâs figure of Rs136,796.827 million, a fall of Rs318.964 million. Current weekâs figure was larger by Rs29,964.831 million over last yearâs corresponding figure of Rs106,513.032 million.
According to the weekly statement of position of all scheduled banks for the week ended April 14 2007, deposits and other accounts of the scheduled banks stood at Rs3,147.535 billion, higher by Rs15.905 billion over preceding weekâs figure of Rs3,131.630 billion. Commercial banks deposits showed a rise of Rs16.154 billion over the week to Rs3,136.381 billion, against preceding weekâs Rs3,120.227 billion, while of specialized banks it fell by Rs0.249 billion to Rs11.154 billion, over previous weekâs Rs11.403 billion.
Borrowings by all scheduled banks decreased during the week over preceding weekâs figure. It fell to Rs390.711 billion over preceding weekâs figure of Rs395.946 billion, a fall of Rs5.235 billion. This was primarily due to a decline in the borrowings by commercial banks, which fell to Rs307.567 billion against previous weekâs Rs313.503 billion, or by Rs5.936 billion, while borrowings by specialised banks stood at Rs83.143 billion, against preceding weekâs figure of Rs82.443 billion, showing a fall of Rs0.7 billion.
Gross advances stood at Rs2,372.633 billion in the week under review, a decline of Rs5.333 billion over preceding weekâs figure of Rs2,377.966 billion. Advances by commercial banks decreased to Rs2,278.692 billion against earlier weekâs figure of Rs2,283.988 billion, or by Rs5.296 billion, while of specialized banks it stood at Rs93.941 billion against preceding weekâs Rs93.978 billion, showing a fall of Rs0.037 billion.
Investments of all scheduled banks increased in the week by Rs41.219 billion to Rs973.521 billion against preceding weekâs figure of Rs932.302 billion. Commercial banks investment rose to Rs963.009 billion, from earlier weekâs Rs921.908 billion, higher by Rs41.101 billion, while of specialized banks it stood at Rs10.512 billion against previous weekâs Rs10.394 billion, lower by Rs0.118 billion.
Cash and balances with treasury banks of all scheduled banks declined by Rs7.63 billion during the week to stand at Rs323.612 billion against earlier weekâs Rs331.242 billion. The figure for commercial banks stood at Rs321.360 billion against preceding weekâs figure of Rs328.941 billion, a fall of Rs7.581 billion. For specialized banks there was a decline of Rs0.048 billion to Rs2.252 billion, against earlier weekâs figure of Rs2.300 billion.
Total assets of scheduled banks stood at Rs4,216.340 billion, higher by Rs18.151 billion, over preceding weekâs figure of Rs4,198.189 billion. Meanwhile, commercial banks assets stood at Rs4,104.430 billion, higher by Rs17.056 billion over previous weekâs figure of Rs4,087.430 billion. Specialized banks assets rose by Rs1.096 billion to Rs111.854 billion against previous weekâs Rs110.758 billion.
http://www.dawn.com/2007/04/30/ebr19.htm
