asked the Minister for Posts and Telegraphs if he will state the total sum on deposit in (a) the Post Office Savings Bank, and (b) Trustee Savings Banks, on March 31st in each of the years 1938 to 1946, inclusive.
Ceisteanna—Questions. Oral Answers. - Post Office Savings Bank.
As my reply includes detailed statistics, I propose, with your permission, to have it placed in the Official Reports.
Following is the reply:
(a) the accounts of the Post Office Savings Bank are completed in respect of each calendar year.
The total amount, including interest, due to depositors in the Post Office Savings Bank on 31st December in each of the years 1938 to 1945, inclusive, was as follows:—
|
Year ending |
Amount |
||
|
£ |
s. |
d. |
|
|
31st December, 1938 |
9,577,791 |
17 |
1 |
|
,,,, 1939 |
10,650,739 |
2 |
2 |
|
,,,, 1940 |
11,833,881 |
3 |
0 |
|
,,,, 1941 |
13,621,864 |
16 |
1 |
|
,,,, 1942 |
16,742,874 |
15 |
6 |
|
,,,, 1943 |
20,872,455 |
10 |
2 |
|
,,,, 1944 |
26,353,041 |
2 |
3 |
|
*,,,, 1945 |
32,677,300 |
0 |
0 |
* Estimated.
These figures are exclusive of amounts held on account of Trustee Savings Banks.
(b) The accounts of the Trustee Savings Banks are completed in respect of each year ended 20th November.
The total amount, including interest, due to depositors in Trustee Saving Banks on 20th November in each of the years, 1938 to 1945, inclusive, was as follows:—
|
Year ending |
Amount |
||
|
£ |
s. |
d. |
|
|
†20th November, 1938 |
2,122,146 |
0 |
0 |
|
†,,,, 1939 |
2,268,301 |
0 |
0 |
|
,,,, 1940 |
2,368,022 |
6 |
2 |
|
,,,, 1941 |
2,588,475 |
9 |
6 |
|
,,,, 1942 |
2,883,910 |
10 |
11 |
|
,,,, 1943 |
3,351,008 |
9 |
2 |
|
,,,, 1944 |
4,028,988 |
8 |
4 |
|
,,,, 1945 |
4,740,382 |
15 |
9 |
† The figures for the years prior to 1940 (the year of the transfer of these Banks to this Administration) are those of the National Debt Office, London, as quoted in the "Statistical Abstract" which is compiled by the Department of Industry and Commerce and published annually by the Stationery Office and which may be consulted in the library of the House.