GIPE-PUNE-OIIOI2 - DSpace@GIPE

~6 THE BANK CAPITALISM OF YOUNG 'Bfi:NGAL
to 2,710,000,000 Zloties (Rs.. 32 = 100 Zl).
..distributed in the fo1l6wing manner: .
They were
I. Government Banks :.
Zloties
I. Note-Bapk ;177,000,000 .
2. Agricultural
Bank 255,000,000
3. Land Bank .71,000,000
II.
503,000,000
Savings Banks:
I. Postal 384.000,000'
2. Other 446,000,000
830,000,000
III. Co-operative Credit
Societies 374,000,000
IV. Indigenous Banks 892,000,000
V. Branches of Foreign
Banks 77 ,000,000
Total 2,710,000,000
(=Rs. 867,000,000).
It is clear that only something like 33 per cent of
the entire deposit was to be found in indigenous banks
(IV). We have to understand that ··private" joint-stock
banking is not an important factor in the financial structure'
of the Polish people. It is the government institutions.
savings banks and co-operative credit societies
. that constitute the foundations of banking organization
in Poland. As for the joi~t-stock banks under private
.auspices we have to notice two categories: (I) indigenous
.and (2) foreign. The foreign element IS substantial
..although not predom.inant.