Private Sector borrows net sum of Rs88.71 billion in a week

News Image

By MG News | September 28, 2021 at 04:53 PM GMT+05:00

0:00

September 28, 2021 (MLN): The non-government sector has borrowed a net sum of Rs.88.71 billion during the week ended September 17, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2022 to Rs.16.94 billion. The net retirement as of prior week was recorded at Rs.71.77 billion.

According to weekly data released by the State Bank of Pakistan, the sector has borrowed Rs.157.31 billion over the year since the amount retired as of corresponding period of last year was recorded at Rs.140.37 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 borrowed a net sum of Rs.26.97 billion, whereas the PSE's have retired Rs.11.18 billion and NBFI has borrowed Rs.1.15 billion.

As we disintegrate the inflows and outflows within the private sector, we see that Conventional Banks were retired a cumulative sum of Rs.16.18 billion, Islamic Banks lent Rs.21.7 billion and lastly the Islamic branches of Conventional Banks lent Rs.21.45 billion.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,725.00 108,105.00
107,505.00
-510.00
-0.47%
BRENT CRUDE 66.40 66.63
66.39
-0.34
-0.51%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.73 65.02
64.73
-0.38
-0.58%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

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