Please refer to State Bank’s circular No. DS.MFS.5 (18)/2009-872 dated 22nd May, 2009, under which banks are required to submit monthly Sectoral Balance Sheet (Flow of Funds statement - Annexure A03) regularly to Statistics & DWH Department through DAG Portal of SBP.

According to the guidelines of State Bank (available at SBP website), the outstanding amounts of financial assets & liabilities i.e. deposits, loans, securities other than shares should be reported on gross basis after incorporating the accrued interest with few exceptions (as in the case of consolidation adjustment for headquarters & branches, net position is required in sectoral balance sheet). However, it has been observed that most of the banks are not following these instructions and record the sectoral breakdown of accrued interest on proportionate basis.

Therefore, all banks are advised to record and report the data strictly according to the guidelines provided by the State Bank under sectoral balance sheet (Annexure A03).