asked the Minister for Finance if he will state in respect of each year since the establishment of the Agricultural Credit Corporation (a) the number and value of loans applied for to that body, (b) the number and value of the loans granted, and (c) the percentage of outstanding loans set aside each year as a provision to meet bad and doubtful debts.
Written Answers. - Agricultural Credit Corporation.
I am informed by the Agricultural Credit Corporation that the particulars at (a) as to the value of loans applied for are not available and that the information asked for at (c) is regarded as confidential.
The appended table gives the remainder of the information requested for each accounting period since the establishment of the corporation. The figures do not take account of loans under schemes of the Department of Agriculture.
PARTICULARS IN REGARD TO LOANS BY THE AGRICULTURAL CREDIT CORPORATION.
|
Year ended |
Number of loans applied for |
Loans approved |
Loans issued |
||
|
Number |
Value |
Number |
Value |
||
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
31 October, 1928 |
10,432 |
4,266 |
570,544 |
1,098 |
125,577 |
|
,, ,, 1929 |
5,052 |
2,693 |
373,803 |
3,239 |
400,531 |
|
,, ,, 1930 |
4,023 |
2,057 |
281,615 |
1,839 |
262,447 |
|
,, ,, 1931 |
4,025 |
1,952 |
224,360 |
1,561 |
193,372 |
|
,, ,, 1932 |
3,816 |
1,409 |
142,742 |
1,211 |
133,832 |
|
,, ,, 1933 |
2,520 |
611 |
52,734 |
503 |
46,452 |
|
,, ,, 1934 |
1,578 |
240 |
22,542 |
220 |
17,990 |
|
,, ,, 1935 |
1,503 |
361 |
23,648 |
291 |
19,398 |
|
,, ,, 1936 |
3,148 |
1,293 |
100,903 |
937 |
64,724 |
|
,, ,, 1937 |
4,494 |
1,927 |
284,025 |
1,466 |
250,177 |
|
,, ,, 1938 |
4,071 |
1,584 |
126,792 |
1,163 |
108,985 |
|
,, ,, 1939 |
3,568 |
1,511 |
116,475 |
1,048 |
131,255 |
|
,, ,, 1940 |
2,247 |
1,143 |
195,015 |
882 |
100,703 |
|
,, ,, 1941 |
2,389 |
1,078 |
95,141 |
783 |
69,764 |
|
,, ,, 1942 |
1,245 |
632 |
95,220 |
456 |
73,884 |
|
,, ,, 1943 |
1,850 |
963 |
130,335 |
635 |
92,433 |
|
,, ,, 1944 |
1,848 |
857 |
107,880 |
618 |
84,058 |
|
,, ,, 1945 |
1,922 |
1,012 |
132,075 |
715 |
180,974 |
|
,, ,, 1946 |
1,855 |
1,086 |
155,885 |
761 |
211,946 |
|
,, ,, 1947 |
2,389 |
1,393 |
202,715 |
962 |
162,380 |
|
Half year to 30 April, 1948 |
1,475 |
723 |
124,822 |
397 |
138,075 |
|
Year ended— |
|||||
|
30 April, 1949 |
2,310 |
1,224 |
281,175 |
788 |
168,625 |
|
,, ,, 1950 |
2,043 |
1,157 |
347,545 |
778 |
285,105 |
|
,, ,, 1951 |
2,364 |
1,209 |
347,900 |
766 |
261,254 |
(a) As from 30th April, 1948, the Corporation's accounting year ended in April.