P.O. SAVINGS BANK
NUMBER OF ACCOUNTS INCREASE:,
WELLINGTON, September 24
For the year ended March 31st,; ‘IBB2, for the first time since the P-0.-tj •lOffice -Savings Bank., was established in- ! 1867, th e number of accounts closed ex-] 'ceeded the number opened. The figure:quoted in the annual statement show, that while 78,67.4imew .accounts were? opened 79,627 were closed. The number of deposits • received dur-ng the yea-r was less 'by nearly 300,000 (ban the number received in the previous v«-ai. -and the amount was less .by £5,000,000. Withdrawals for the year -exceeded deposits by JSfi r ’ ) " A °' The average amount of each depo-it was £i3 14s 6d lower than in any year since 1908, -wliile the average amount of -each withdrawal .-was reduced from £.19 Is to £l6 The total amount standing •' to the (.redit of ail accounts at March 31st, 1032, inclusive of .interest, wa-s £43,255, : 499, compared wß'livd ft maximum, of .ngarly £49,000,000 :intl927, ; * ’ ■"
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Hokitika Guardian, 27 September 1932, Page 3
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155P.O. SAVINGS BANK Hokitika Guardian, 27 September 1932, Page 3
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