The Cooperative Movement in Jugoslavia Rumania And North Italy During And After

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Reserve in government 19, 116. 85 Chattel amortisement Provident fund .....
1, 050. 00 10, 625. 00 funds :i, 26, 040. 00 Reserves 35, 119. 99 Interest on above*. _...
4, 500. 00 For supervision work by Capital in h A, W. $, . _. _..
1, 300. 00 Ffd'ratjnn 2, 624. 75 Repayable expenses. .
4, 851. 45 Bonuses 3, 300. 00 Salt* 1, 020. 00 Printing of balance-sheet ..
1, 867. 60 Premitef, etc, ,_ 39, 172. 30 Capital in Central 10, 000. 00 Flag 3, 276. 50 Suspense.
10. 00 Toed 1, 849, 835. 06 Total 1,
...849, 835 06 1 /ri=9^d. ;l franc at par. Rate of exchange, July, 1920, approximately 140 lei to 1.
* Not paid for three years.
' A government monopoly distributed by the Bank.
From this it can be seen that the Bank is very active. Nearly 1, 500, 000 lei were out on loan, which is a large sum 60, 000 at par; but the amount of goods on hand was negligible. A total profit of 87, 492. 35 lei was made, of which 65, 000 (8 per cent) was paid in interest on capital. The payment of varying dividends on capital is a peculiar and unsatisfactory feature of the Rumanian People's Banks.


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