BANKING
JUNE QUARTER 2011
Assets and Liabilities
- Net foreign assets for the June quarter 2011 has increased by 244.3% when compared to
March quarter 2011 for all banks surveyed, this increase is due to a fall in gross foreign liabilities by 13.4%
- Net domestic credit decreased by 4.0% over the March quarter 2011.
Loans & Advances by Industry
- Total lending for the June 2011 quarter decreased by 3.7% over the previous quarter.
- Borrowings by industry for the June quarter increased for the Other category by 7.4%,
wholesale & Retail by 2.1% while the rest had a fall in borrowing for the quarter.
- The Other category is mainly affected by the construction industry up by 38.5% over the previous quarter.
Money Supply
- Narrow money (M1) increased by 4.4% when compared to the March quarter.
- Broad Money (M3) increased over the previous quarter by 1.4%, the increase in M3 is explained by the
rise in M1 and Term/savings deposits by 0.4%.
Interest Rates
- All rates remained the same for the June quarter compared to the March quarter.
Detailed tables are available here. Or Contact the
Office for more information
