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THE BANK CAPITALISM OF YOUNG BENGAL 97
But one would be eQtirely m~staken if one were to
believe that in·Poland the "indigenous" banks are really
national in capital and administration. The facts are
. quite otherwise, for most of these institutions, although
not branches of foreign banks like those in Group V, are
influenced, nay, dominated by foreign capitalists ·in a
direct manner. It is not possible to gauge precisely the
,extent ~f. foreign 'influence and control in these
indigenous banks of Poland. But certain figures may not
fail to indicate the tendencies. Of the 892,000,000 Zl
:described as deposit in all the indigenous credit institu~
tions (IV), 40·7 per cent is commanded by four baaks
,alone, as follows:
Zloties
]. Bank Dyskontowy Warzawski
(Discount~Bank of Warsaw)
120.887,000
2. Bank Handlowy (Bank of
Commerce), Warsaw:
,110,00,000
.3. Powszechny Bank Zwiazkowy
(General Bank-Union), Warsaw: 109,000,000
4. Powszechny Bank Kredytowy
(General Credit Bank), Warsaw: 23,939,000
~------------~--
Total Deposit 363,826,000
And all these four institutions, although national. were
under the strong influence of foreign finance. 14 The
Diskontowy was dominated by the Oesterreichische
·,Creditanstalt (the "Rothschild interests") of Vienna.
Th~ Handlowy counted a~ong its share-holders such
'houses as Harriman & Co. of New York, Banca Com-
14 Europiiische Banlten. 1931. pp. 141-147.