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Canberra Times in Canberra, Australian Capital Territory

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Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Sep 15, 1954

Page

5

Year of Bank Activity Sees Surplus Yet Demand Outpaces Supply

The report notes higher demand than supply across 1965 64 with imports and domestic production rising. Banking policy urged caution yet advances by banks grew by 415 million pounds. Central reserves rose as foreign exchange parity held. Commonwealth Bank profits reached 10 700 605 pounds and trading bank profits rose to 580 158 pounds. Savings bank assets increased to 1 200 738 pounds with large portions directed to national funds.

Joan Valangs Commonwraith Bank Rota Hote Belle Elivitos Ing Batinsse Af Premierewy Ftucal Credite Department Mortgage Bank Department Inductrail Finance Department National Debt Banking Fund Commonwealth Treasury Rural Credita Development Fund Ings Bank Bots de Ita Xrillion Jarafia Savies Bun Cafita National Pet Fanks

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