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BANKING FIGURES

FAVOURABLE TREND

! ■A • continuance /of the favourable trend recorded in February in the volume of bank debits was experienced during March (reports the Government Statistician). The total increased by 5.8 per cent', but what is of even greater significance is ..the fact that, this figure is as much as-8.3 per cent, above that recorded for March, 1932. Similarly, in the figures of advances and deposits, the relative' movement shown in February was continued during March. Deposits increased by 0.6 per cent., while advances decreased by 0.2 per cent. The ratio of free to fixed deposits maintained the desired trend by a further slight increase, . while the proportion of ' advances to deposits moved downwards.

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https://paperspast.natlib.govt.nz/newspapers/EP19330508.2.121

Bibliographic details

Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 9

Word Count
115

BANKING FIGURES Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 9

BANKING FIGURES Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 9