asked the Minister for Finance if he will state (a) the total deposits held within the commercial banking system at the end of the four quarters of 1955, and at the end of the first quarter of 1956, and for the most recent period available; and (b) the net foreign assets held by the commercial banks at 31st March and 31st May, 1956.
Ceisteanna—Questions. Oral Answers. - Commercial Banks' Deposits and Foreign Assets.
Figures of the total deposits of the commercial banks are not available for the end of each quarter. The following, however, are the average quarterly figures of deposits for the period from the March quarter of 1955 to the March quarter of 1956, the latest for which figures are available:—
|
£ million. |
|
|
March quarter, 1955 |
411.8 |
|
June quarter, 1955 |
401.9 |
|
September quarter, 1955 |
399.4 |
|
December quarter, 1955 |
403.2 |
|
March quarter, 1956 |
400.0 |
The net external assets of the commercial banks at the reporting dates, 20th March and 15th May, 1956, amounted to £90.3 million and £80.5 million, respectively.