asked the Minister for Finance if he will state in respect of each of the years ended 31st March, 1955, 1956, 1957 and 1958 (a) the amount of Post Office Savings and (b) the amount of investments held outside the State by (i) the Central Bank (ii) the joint stock banks and (iii) others (excluding the Minister for Posts and Telegraphs and the insurance companies).
Ceisteanna—Questions. Oral Answers. - Savings and Investments.
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. As regards (b) (iii) of the question no official estimate is available of private holdings of external assets and it is not possible, therefore, to give the information requested.
Following is the statement:—
|
1955 |
1956 |
1957 |
1958 |
||
|
(£ million) |
|||||
|
(a) |
Post Office Savings (year ended 31st March) |
6.1 |
3.7 |
3.8 |
2.1 |
|
(b) |
(i) External assets of the Central Bank (31st March) |
84.0 |
77.7 |
78.9 |
84.0 |
|
(ii) Net External assets of the commercial banks (mid-March) |
116.4 |
90.3 |
92.8 |
98.9 |