Deposits and loans of BFIs increased by 20.1 and 17.5 percent respectively in FY 2014/15

Deposit Mobilization: Deposits at banks and financial institutions (BFIs) increased by 20.1 percent (Rs. 282.06 billion) in the review year compared to an increase of 18.4 percent (Rs. 218.68 billion) in the previous year. Deposits at commercial banks and development banks increased by 21.4 percent and 15.2 percent respectively while that of finance companies decreased by 0.6 percent in the review year compared to the respective increase of 17.8 percent, 29.1 percent and 5.7 percent in the previous year. Credit Disbursement: Loans and advances of BFIs increased by 17.5 percent (Rs. 229.30 billion) in the review year compared to a growth of 14.4 percent (Rs. 165.48 billion) in the previous year. In the review period, loans and advances of commercial banks, development banks and finance companies increased by 18.8 percent, 13.5 percent and 0.3 percent respectively. Likewise, credit to the private sector from BFIs increased by 19.8 percent (Rs. 221.61 billion) in the review year compared to an increase of 18.7 percent (Rs. 176.14 billion) in the previous year. In the review year, private sector credit from commercial banks, development banks and finance companies increased by 22.0 percent, 16.0 percent and 0.4 percent respectively.