asked the Minister for Finance the average annual increase for the last five years in bank lending to the private sector; and if he is aware that there is grave danger that a general restriction of bank credit to this sector can cause serious unemployment.
Ceisteanna—Questions. Oral Answers. - Bank Loans to Private Sector.
6.
As the reply contains a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:—
BILLS, Loans and Advances Outstanding (Other than Government and Local Authorities)—within the State.
£000
|
Year ended September |
Monthly Average |
Change in Average |
Percentage change |
|
1960 |
172,887 |
||
|
1961 |
186,399 |
+13,512 |
+7.8 |
|
1962 |
197,300 |
+10,901 |
+5.8 |
|
1963 |
217,664 |
+20,364 |
+10.3 |
|
1964 |
241,709 |
+24,045 |
+11.0 |
|
1965 |
272,646 |
+30,937 |
+12.8 |
As regards the second part of the question, the figures show that there has been a general increase in bank credit to the private sector in each of the past five years and that the biggest actual increase occurred in the year ended 30 September last.