asked the Minister for Finance if he will state in respect of the commercial banks for each 30th June and 31st December since 1922, the amount of (a) deposits and (b) liquid assets under the headings (1) cash and bank balances within the State; (2) cash and bank balances elsewhere; (3) money at call and short notice; and (4) British Government securities; and the ratio of such liquid assets to deposits in each case.
Ceisteanna—Questions. Oral Answers. - Commercial Banking Business.
The available information up to December, 1936, is to be found in paragraph 159 of the Majority Report of the Commission of Inquiry into Banking, Currency and Credit, 1938.
The information sought in respect of years subsequent to 1936 is contained in a tabular statement which, with the permission of the Ceann Comhairle, I propose to have circulated in the Official Report.
Following is the statement:—
|
Year |
Total Deposits |
Cash and Bank Balances Within the State |
Cash and Bank Balances Elsewhere |
Money at Call and Short Notice |
British Government Securities |
Total of Columns (c) to (f) |
Column (g) as a Percentage of Column (b) |
|||||||
|
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
(g) |
(h) |
|||||||
|
£ million |
Per Cent. |
|||||||||||||
|
30 June |
30 December |
30 June |
30 December |
30 June |
30 December |
30 June |
30 December |
30 June |
30 December |
30 June |
30 December |
30 June |
30 December |
|
|
1937 |
163.6 |
161.9 |
6.6 |
7.2 |
8.9 |
11.0 |
8.9 |
7.8 |
73.8 |
68.5 |
98.2 |
94.7 |
60.0 |
58.5 |
|
1938 |
162.3 |
158.5 |
6.8 |
7.3 |
9.4 |
11.6 |
12.9 |
8.0 |
66.0 |
63.1 |
95.1 |
90.0 |
58.6 |
56.7 |
|
1939 |
157.8 |
163.4 |
6.1 |
7.7 |
10.2 |
15.2 |
7.2 |
7.9 |
64.2 |
64.2 |
87.8 |
95.0 |
55.6 |
58.1 |
|
1940 |
168.6 |
174.2 |
11.1 |
12.6 |
15.1 |
17.5 |
7.4 |
9.1 |
66.8 |
70.0 |
100.4 |
109.2 |
59.5 |
62.7 |
|
1941 |
185.1 |
198.2 |
12.4 |
11.9 |
21.4 |
23.1 |
11.2 |
13.7 |
81.2 |
92.4 |
126.2 |
141.1 |
68.2 |
71.2 |
|
1942 |
203.1 |
218.4 |
11.3 |
11.7 |
23.6 |
27.8 |
16.4 |
17.4 |
99.5 |
107.6 |
150.8 |
164.6 |
74.3 |
75.4 |
|
1943 |
224.0 |
244.1 |
11.2 |
12.9 |
24.6 |
33.1 |
16.5 |
19.2 |
121.0 |
128.0 |
173.2 |
193.2 |
77.3 |
79.1 |
|
1944 |
249.2 |
268.6 |
12.5 |
12.4 |
31.1 |
40.0 |
18.9 |
21.5 |
138.8 |
142.0 |
201.4 |
215.9 |
80.8 |
80.4 |
|
1945 |
275.9 |
293.5 |
11.9 |
13.4 |
36.1 |
39.1 |
26.5 |
25.3 |
151.9 |
161.8 |
226.4 |
239.5 |
82.0 |
81.6 |
|
1946 |
295.7 |
320.0 |
11.6 |
14.0 |
35.8 |
39.5 |
22.1 |
23.7 |
170.5 |
178.5 |
240.0 |
255.8 |
81.2 |
79.9 |
|
1947 |
324.4 |
341.0 |
13.4 |
14.1 |
34.7 |
34.3 |
22.7 |
23.6 |
172.8 |
165.8 |
243.7 |
237.8 |
75.1 |
69.7 |
|
1948 |
332.3 |
349.2 |
12.6 |
14.3 |
29.6 |
37.9 |
24.1 |
21.6 |
156.4 |
160.0 |
222.7 |
233.8 |
67.0 |
66.9 |
|
1949 |
347.9 |
359.4 |
14.9 |
15.9 |
29.6 |
35.9 |
24.8 |
29.6 |
164.8 |
157.6 |
234.0 |
239.0 |
67.3 |
66.5 |
|
1950 |
353.8 |
371.0 |
15.4 |
17.9 |
29.3 |
31.8 |
23.4 |
19.3 |
156.4 |
158.9 |
224.4 |
227.9 |
63.4 |
61.4 |
|
1951 |
361.6 |
370.1 |
14.9 |
19.8 |
21.9 |
31.9 |
19.2 |
22.0 |
142.9 |
128.8 |
198.8 |
202.6 |
55.0 |
54.7 |
|
1952 |
364.4 |
375.3 |
18.1 |
20.9 |
27.6 |
36.7 |
29.4 |
28.7 |
122.6 |
130.7 |
197.7 |
217.1 |
54.2 |
57.8 |
|
1953 |
377.1 |
396.6 |
17.4 |
19.6 |
26.2 |
33.8 |
27.3 |
26.6 |
137.4 |
149.5 |
208.3 |
229.4 |
55.2 |
57.8 |
|
1954 |
398.0 |
422.1 |
19.7 |
32.6 |
26.3 |
31.3 |
29.5 |
29.9 |
146.0 |
142.2 |
221.5 |
235.9 |
55.6 |
55.9 |
|
1955 |
403.8 |
405.2 |
20.8 |
23.9 |
23.5 |
28.2 |
28.9 |
26.1 |
125.3 |
107.6 |
193.5 |
185.8 |
49.1 |
45.8 |
|
1956 |
391.6 |
412.2 |
20.8 |
25.1 |
24.1 |
31.1 |
25.1 |
34.0 |
99.6 |
102.3 |
169.7 |
192.6 |
43.3 |
46.7 |
asked the Minister for Finance if he will state, in respect of the commercial banks, the amount in mid-March, 1957, of (a) current, deposit and other accounts within the State, distinguishing between interest-bearing and non-interest-bearing accounts; (b) loans and advances within the State; (c) net external assets; (d) interest-bearing deposits (non-Government); (e) Government bills; (f) other bills; (g) Government investments; and (h) other 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.
Following is the statement:—
COMMERCIAL BANKING BUSINESS
|
19 March, 1957 |
|
|
£ million |
|
|
(a) Current, deposit and other accounts within the State: |
|
|
interest-bearing |
190.9 |
|
non-interest-bearing |
103.1 |
|
(b) Loans and advances within the State |
146.6 |
|
(c) Net External Assets |
92.8 |
|
(d) Interest-bearing deposits within the State (non-Government) |
184.5 |
|
(e) Government bills within the State |
9.9 |
|
(f) Other bills within the State |
4.0 |
|
(g) Government investments within the State |
22.0 |
|
(h) Other investments within the State |
13.1 |