GIPE-PUNE-OIIOI2 - DSpace@GIPE

THE BANK CAPITALISM OF YOUNG BENGAL 91··
50,000,000 drachmae, deposits 927,OOO,OOO}. It is not
.a foreign bank. But the largest number of shares is
.possessed by foreigners, namely, the Commercial Bank
.of the Near East (London). We find then that in Greece
banking business is predominantly an affair of the state
·or of foreigners, and that even ill national private banks
the controlling factor is furnished by non-Greeks. Banking
habit and bank-administration do not as yet appear
.to be ingrained in the character of the Greek people.
In the banking' system of Jugoslavia (12 million inhabitants)
the characteristic feature is the multiplicity of
.small institutions. D There are two associations of banks,
·one with headquarters at Belgrade and the other at
Agram.
On the strength of statistics published by the asso­
.ciation at Belgrade it is possible to assert that in 1930
.there were 317 institutions with a capital of .1,880,000,000
dinars and reserve of 500,000,000 dinars. The deposits
.commanded by them altogether amounted to
3,932,000,000 dinars. In regard to the institutions ~f the
Agram centre we understand that the First Croat Savings
.Bank succeeded in emancipating itself from foreign
-capital in 1930. But foreign control is the striking
feature of the other big banks, for instance, the four
10llowing:
Banks Capital Reserve Deposits
I. Jugoslavian Bank
Agram 100,000,000 dinars 35,000,000 897,055,000
-2: Jugoslavian Union •
Bank Agram 185,000,000 56,255,000 9i4,888,OOO
9 Europiiische Banl(en 1931 (prague), p. 181. One Re.=20 dinars
.approximately.