The deposit mobilization & credit disbursement increased by 19 % each in mid-August 2015

The status of deposit mobilization an credit disbursement of BFIs based on first month’s data of 2015/16 Deposit Mobilization: Deposits at banks and financial institutions (BFIs) decreased by 0.8 percent (Rs. 13.26 billion) during the review period, compared to a decrease of 0.6 percent (Rs. 7.87 billion) in the corresponding period of the previous year.   Deposits at commercial banks decreased by 0.7 percent, while that of development banks and finance companies increased by 0.05 percent, and 0.5 percent respectively in the review period.   In the same period of the previous year, deposits at commercial banks and development banks had decreased by 0.1 percent and 2.3 percent respectively. However, such deposits at finance companies had increased by 1.5 percent.   On y-o-y basis, deposits at BFIs expanded by 19.8 percent in mid-August 2015.   Credit Disbursement:

62. Loans and advances of BFIs increased by 0. 2 percent (Rs. 3.13 billion) in the review period

compared to a growth of 0.9 percent (Rs. 12.02 billion) in the corresponding period of the previous year. In the review period, loans and advances of commercial banks, development banks and finance companies increased by 0.5 percent, 0.7 percent and 1.5 percent respectively.   Likewise, credit to the private sector from BFIs decreased by 0.4 percent (Rs. 5.39 billion) during the review period, compared to an increase of 0.3 percent (Rs. 3.50 billion) in the same period of the previous year. Private sector credit from commercial banks and development banks decreased by 0.1 percent and 2.4 percent, respectively, while that of finance companies increased by 0.5 percent. On y-o-y basis, credit to the private sector from BFIs increased by 19 percent in mid-August 2015.