TO CLOSE ON SATURDAYS

Chronicle (Levin), 28 March 1946, Page 7

TO CLOSE ON SATURDAYS

-Press Association

BANK IIOURS ADJUSTED

By T clegrwph—

Wbi.L! ACTON, March 2i. An ami'iidmciit to thc Banking Kmiw.uen y Ib'gulaiioiis, ]>roviding for adjust iinuil of hours, altcrat ion of liolidavs aii'i ■': i.Mng uii Batnr.lay momings w;m aniio'.mi-cd by the Minister of kina uce • Hon. Vliiller Nash ) todaw The amcmlnmiit to the existing regulations, said M r. Nash, was the rosult of rejiresentat ions from the New Zeab.tnd Bank Ohicers' (fuihl and nogotiations betucen the I'e-^erve Bank and thc t ranina banks. As from next Monday, the banks will bc o]ien for pubhc business until 8 p.ni. eat'li dav oi the Wcck. The provision in thc Wai' Ecgulations under which thc banks were -open for business on Dominion Uay, Bt. Andrcw 's Dav. "Bt. (leorgc's Day and St. Patrick's Day will be continued and made pernianotil^ and Uio banks m

future will be open for business on the days mentioned, which are not observ- , ed'generally as holidays by commercial j and other customers of the banks. ' , "It has become evident," said the j Minister, "tliat with the reduced volume of business on Saturdays, due to j the extension of tlie five-day week to , shops, banking emplovees can, with a : minimum of' inconvenience to the pub- 1 lie, now be free to enjoy the benefits , of the five-day week. j "It has also been avranged by thc; banks that, in order to assist the com- j niercial community, locked bags will be received by tliem up to 5.30 p.ni. on Friday. "Small 1 > ra n ches of banks wherc the staff does not cxceed three may revert to the prewar practice of closing j for one hour on each day betwecn lioon j and 2 p.ni."