BANKS' PERFORMANCE

S.KAMAL HAYDER KAZMI,
(feedback@pgeconomist.com)
Research Analyst
, PAGE
Jan 3 - 9, 2011

SCHEDULED BANKS’ CALL MONEY BORROWINGS
(Billion Rupees, Percent per annum)

PERIOD OVERNIGHT CALL 1 WEEK CALL 2 WEEK CALL 1 MONTH CALL 3 MONTH CALL 6 MONTH CALL
FY10 AMOUNT YIELD AMNT YIELD AMNT YIELD AMNT YIELD AMNT YIELD AMNT YIELD
Jul. 89.90 11.35 10.40 10.71 3.10 10.43 1.60 10.67 6.30 11.16 0.40 12.25
Aug. 90.00 11.99 8.10 12.01 4.00 10.54 2.20 11.93 4.60 11.68 5.30 11.23
Sep. 99.00 11.80 13.20 11.55 3.50 10.80 0.20 12.65 4.10 11.48 7.70 11.54
Oct. 81.60 11.99 16.70 11.79 0.90 12.53 3.10 12.28 4.30 12.61 5.70 11.70
Nov. 57.10 11.65 11.50 11.41 4.20 11.68 1.20 12.31 3.90 11.86 5.00 11.67
Dec. 95.80 11.35 16.00 11.49 4.20 10.44 2.50 11.99 3.80 11.32 4.20 11.30
Jan. 147.70 11.66 11.40 11.65 1.80 11.60 6.50 11.83 2.10 12.31 0.30 12.05
Feb. 107.50 11.80 3.90 12.19 2.00 12.08 9.60 11.76 0.70 12.28 3.20 12.25
Mar. 150.40 11.26 9.80 12.04 3.00 12.12 8.00 11.94 0.50 12.40 8.80 12.11
Apr. 147.20 10.94 12.70 10.71 1.40 11.13 10.70 11.87 4.00 12.35 13.30 11.87
May 171.90 11.24 18.00 10.74 2.40 11.51 8.20 11.50 9.70 12.05 9.70 11.43
Jun. 149.30 10.79 14.60 11.00 2.50 11.96 14.50 11.90 - - - -
AMNT: Amount

COMPOSITION BY SIZE OF BANKS (%) DURING SEPTEMBER 2010

. TOP 5 BANKS 6-10 BANKS 11 TO 20 BANKS 21-29 BANKS ALL LOCAL COMM FOREIGN BANKS SPECIALIZED BANKS ALL BANKS
Cash & Bank 10.7 9.6 7.9 9.1 9.9 18.5 7.4 10.1
Lending to FIs 3.0 1.9 5.8 13.7 3.7 20.1 - 4.2
Investments 28.4 31.2 29.5 18.6 28.9 22.2 10.7 28.3
Advances 49.2 46.2 47.0 45.8 47.9 32.7 69.7 47.8
Other Assets 8.6 11.1 9.7 12.7 9.6 6.5 12.2 9.5
Total Assets 100 100 100 100 100 100 100 100
Bill Payables 1.0 1.2 1.3 1.7 1.2 1.5 0.3 1.1
Borrowings 4.3 7.6 12.9 6.2 6.7 6.0 61.8 7.8
Deposits 79.1 77.1 73.8 74.4 77.5 68.8 10.1 75.8
Other Liabilities 4.3 6.7 3.8 2.5 4.7 9.3 27.6 5.4
Net worth 11.3 7.4 8.1 15.2 9.9 14.4 0.3 9.9

PAK: INTEREST RATES

MONTHS/ YEARS RATE (%)
1-Aug-07 10
31-Jan-08 10.5
23-May-08 12
30-Jul-08 13
13-Nov-08 15
15-Aug-09 13
25-Nov-09 12.5
Aug-10 13.00
0ct-10 13.50
Nov-10 14.00

CORE INFLATION OF CPI IN 2010 (%)

MONTHS TRIMMED NON-FOOD & NON ENERGY
Jan 12.7 10.3
Feb 12.4 10.1
Mar 12.7 9.9
Apr 12.7 10.6
May 12.5 10.3
Jun 11.7 10.4
Jul 12.0 10.3
Aug 12.5 9.8
Sep 12.8 9.4
Oct 12.8 9.3
Nov 13.4 9.5
change over corresponding month of last year

GDP RATE IN PAKISTAN

YEAR PER CENT
2001-02 3.1
2002-03 4.7
2003-04 7.5
2004-05 9
2005-06 5.8
2006-07 6.8
2007-08 5.8
2008-09 2.4
2009-10 2.4
2010-11 2-3

PAKISTAN: BALANCE OF TRADE (US million $)

PERIOD EXPORT (BOP) IMPORTS (BOP) BOT
VALUE CUMULATIVE VALUE CUMULATIVE
2005-06 16,553 -- 24,994 -- -8,441
2006-07 17,278 -- 26,989 -- -9,711
2007-08 20,427 -- 35,397 -- -14,970
2008-09 19,121 -- 31,747 -- -12,627
2009-10 19,632 -- 31,054 -- -11,422
Jul-10 1,660 1,660 2,917 2,917 -1,256
Aug-10 1,810 3,470 2,921 5,838 -1,111
Sep-10 1,775 5,244 2,373 8,210 -598
Oct-10 1,835 7,080 2,591 10,802 -756

PAKISTAN: CREDIT DISBURSED BY AGENCIES (Rs.mn)

FISCAL YEAR ZTBL DOMESTIC PRIVATE BANKS PPCBL COMMERCIAL BANKS
2004-05 37,409 12,407 7,607 51,310
2005-06 47,594 16,023 5,889 67,967
2006-07 56,473 23,976 7,988 80,393
2007-08 66,939 43,941 5,931 94,749
2008-09 75,139 41,626 5,579 110,666
2009-10 (Jul-Mar) 48,987 28,641 3,530 85,177

NON-PERFORMING LOANS
(DOMESTIC AND OVERSEAS OPERATIONS) (RS. IN MILLION)

BANKS/DFIS

AS OF 31-06-2010* AS OF 30-09-2010*
NPLS NET NPLS NET NPLS TO NET
LOANS (%)
NPLS NET NPLS NET NPLS TO NET
LOANS (%)
All Banks & DFIs 475,946 130,425 3.98 508,832 147,557 4.60
All Banks 461,896 125,149 3.87 494,012 142,620 4.50
All Commercial Banks 431,911 114,122 3.64 461,988 131,448 4.28
Public Sector Banks 115,996 32,104 5.19 122,513 37,620 6.17
Local Private Banks 308,189 80,369 3.30 331,123 92,199 3.88
Foreign Banks 7,726 1,648 1.96 8,351 1,629 1.94
Specialized Banks 29,985 11,028 11.57 32,024 11,172 11.87
DFIs 14,051 5,276 11.74 14,820 4,937 11.38

CREDIT/LOANS CLASSIFIED BY GOVT AND NON GOVT SECTOR (Rs.Mn)

DESCRIPTION NOV-09 JUN-10 NOV-10
1. Credit to Government Sector (A+B) 2,230,377 2,426,425 2,724,077
A. SBP Credit to Govt Sector (Net) 1,199,344 1,187,822 1,463,071
Investment in Govt. Securities 1,150,411 1,165,824 1,461,894
Loans to Government 124,681 117,188 68,581
Others 8,153 8,153 8,153
Less: Govt. Deposits 83,901 103,343 75,557
B. Scheduled Banks Credit to Govt Sector (Net) 1,031,033 1,238,603 1,261,006
Investment in Govt. Securities 1,164,141 1,367,618 1,412,114
Loans to Government 341,265 423,912 388,677
Less: Govt. Deposits 474,373 552,927 539,785
2. Credit to Non Govt Sector 3,276,296 3,311,418 3,386,284

PAK: BANKS’ BORROWINGS (%)

YEAR UNSECURED OTHER SECURED ERF FROM SBP
CY05 11.6 57.7 30.7
CY06 11.9 55.5 32.6
CY07 14.9 55.8 29.2
CY08 17.9 38.2 43.9
Jun-09 16.3 47.7 36.0
CY09 11.69 57.93 30.38
Jun-10 16.4 50.0 33.7
Sep-10 19.0 47.8 33.2

LIABILITIES OF BANKS IN SEP 2010 (million Rupees)

FINANCIAL POSITION PSCB LPB FB CB SB ALL BANKS
Bills Payable 8,513 63,299 3,896 75,709 373 76,082
Borrowings From Finan Instit. 53,127 365,314 15,468 433,910 83,414 517,324
Deposits And Other Accounts 972,178 3,858,721 176,836 5,007,736 13,577 5,021,313
Sub-ordinated Loans - 48,129 - 48,129 3,405 51,535
Deferred Tax Liabilities 2,950 6,997 211 10,158 - 10,158