The State bank of Pakistan

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THE State Bank of Pakistan injected Rs69bn into the banking system on April 5 in an open market operation. The injection was made in a three-day contract at a rate of return of 6.02pc.

According to the weekly statement of position of all scheduled banks for the week ended March 25, 2016, deposits and other accounts of all scheduled banks increased 0.76pc to Rs9,559.122bn over preceding week’s Rs9,486.922bn. Compared with last year’s corresponding figure of Rs8,508.337bn, it was higher by 12.35pc.

Deposits and other accounts of all commercial banks rose to Rs9,520.852bn from Rs9,448.739bn a week ago. Deposits and other accounts of specialised banks stood at Rs38.270bn against previous week’s figure of Rs38.133bn.

Total assets of all scheduled banks increased to Rs13,752.579bn from Rs13,617.217bn in the preceding week. It was higher by 15.32pc compared to last year’s corresponding figure of Rs11,925.014bn.

Combined assets of all commercial banks rose 1pc to Rs1,3541.502bn from Rs13,406.690bn in the previous week.

Total assets of specialised banks stood at Rs211.077bn over previous week’sRs210.528bn.

Gross advances of all scheduled banks stood at Rs4853.232bn, a rise of 0.34pc over preceding week’s figure of Rs4836.689bn. Compared with last year’s corresponding figure of Rs4431.641bn, current week’s figure is higher by 9.51pc.

Advances by all commercial banks rose to Rs4691.203bn against previous week’s Rs4674.877bn or by 0.35pc.

Advances of specialised banks stood at Rs162.029bn against previous week’s Rs161.811bn.



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