EVIDENCE OF SAVING.
INCREASED BANK FUNDS
(P.A.) AUCKLAND, April 30. “Much/ has been said in the community about lavish spending and lack of restraint by the people in money matters. While there may be some justification for such a comment, there is a very large section of people saving, and who appreciate the need to refrain from spending when the country is at war and goodsi are in short supply,” said Mr G. Wi Sanders (president of the Auckland Savings Bank) in his report to the annual meeting of trustees to-day. His report states that the bank’s funds have increased in the last year by more than £1,770,000 to £13,449,000, a record. “The growth of funds in recent years has been phenomenal, as we have to go back only 13 years when the total was just half the present sum,” he said.
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Bibliographic details
Ashburton Guardian, Volume 63, Issue 171, 1 May 1943, Page 4
Word Count
142EVIDENCE OF SAVING. Ashburton Guardian, Volume 63, Issue 171, 1 May 1943, Page 4
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