asked the Minister for Finance if he will state (a) the net external investments of the commercial banks as at the beginning of each quarter of 1956, and (b) the total advances and the total deposits in the same period; further, if he will indicate any fortuitous change in any of these figures due to temporary investments of balances, etc.
Ceisteanna—Questions. Oral Answers. - Banks' External Investments, Advances and Deposits.
The information requested by the Deputy is not available for the beginning of each quarter. The following, however, are the figures for net external assets at the reporting dates nearest to the beginning of each quarter in 1956 and the average quarterly figures for total advances and total deposits in the first three-quarters of 1956:—
(a) Net External Assets
|
£ million |
|
|
31st December, 1955 |
85.7 |
|
20th March, 1956 |
90.3 |
|
30th June, 1956 |
75.2 |
|
18th September, 1956 |
82.9 |
(b) Total Advances and Total Deposits
|
Advances |
Current, Deposit & Other Accounts |
|
|
£ million |
£ million |
|
|
March Quarter, 1956 |
192.7 |
400.0 |
|
June Quarter, 1956 |
193.0 |
391.1 |
|
Sept. Quarter, 1956 |
193.7 |
392.8 |
I have no information as to changes in the above figures due to temporary movements of balances, apart from seasonal fluctuations. The figures are, of course, affected by the rediscounting of bills by the Central Bank and by sales of external securities outside the banking system.
asked the Minister for Finance if he will state the amounts of (a) bank advances, and (b) deposits within the State at the commencement of each quarter of 1955 and 1956.
As the reply is in the form of a tabular statement I propose, with the permission of the Ceann Comhairle, to have it circulated in the Official Report.
Following is the statement:—
PARTICULARS of Bank Advances and Deposits within the State at the reporting dates nearest to the beginning of each quarter in 1955 and 1956.
|
Advances |
Current, Deposit and Other Accounts |
|
|
£ million |
||
|
31st December, 1954 |
126.5 |
303.8 |
|
15th March, 1955 |
132.8 |
295.1 |
|
30th June, 1955 |
140.4 |
291.2 |
|
20th September, 1955 |
146.3 |
288.1 |
|
31st December, 1955 |
144.4 |
290.7 |
|
20th March, 1956 |
145.3 |
287.4 |
|
30th June, 1956 |
150.0 |
281.1 |
|
18th September, 1956 |
147.3 |
284.5 |