Private sector borrows another Rs.37.11 billion in a week

News Image

MG News | October 25, 2019 at 10:20 PM GMT+05:00

0:00

October 25, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.37.11 billion during the week ended October 18, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.29.11 billion. The net retirement as of prior week was recorded at Rs.66.22 billion.

According to weekly data released by the State Bank of Pakistan, the sector has retired Rs.248.5 billion over the year since the borrowing as of corresponding period of last year was recorded at Rs.219.39 billion.

The non government sector is divided into three broad categories namely, the Private Sector, the Public Sector Enterprises and NBFI. Commercial banks are the main source of financing for the private sector, incuding conventional banks, islamic banks and islamic branches of conventional banks.

This fiscal year, the private sector retired a net sum of Rs.28.26 billion, whereas the PSE's have retired Rs.509.15 million and NBFI has retired Rs.340.69 million.

As we disintegrate the inflows and outflows within the private sector, we see that Conventional Banks were retired a cumulative sum of Rs.27.48 billion, Islamic Banks were retired a net of Rs.12.42 billion and lastly the Islamic branches of Conventional Banks lent Rs.11.64 billion.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,395.00 119,450.00
115,635.00
4525.00
3.97%
BRENT CRUDE 69.34 69.50
68.55
0.70
1.02%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.33 67.54
66.50
0.76
1.14%
SUGAR #11 WORLD 16.26 16.43
16.20
0.00
0.00%

Chart of the Day


Latest News
July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business


July 11, 2025 at 04:12 PM GMT+05:00

OMO Result: SBP injects Rs1.72tr



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg