Finland : its public and private economy / 207 (1902) Author: Niels Christian Frederiksen Table of Contents / Innehåll | << Previous | Next >>
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Debit.	1879.	1889.	1899.
Notes issued	37	55	73
Deposit on demand and post bills	7	8	18
Debt on amortisation	4	3	1
Capital	6	10	10
Reserve	9	7	16
Profit not employed	8	7	8
	___	___	___
Total	71	90	126

Among later changes up to the end of June 1901
may be mentioned an increase in the discounting of bills
on Finland to 39 millions, in foreign bills to 10 millions,
and loans to 16 millions; an increase natural in a
period when several private banks were obliged to
decrease their business. The reserve has at the same
time been increased considerably, but is now being used
largely to increase the capital to 25 millions, while
the reserve itself is to be brought up to 15 millions.

The private banks had at the end of the years:—

Credit.	1879.	1889.	1899.
Cash	5	8	10
Credit with foreign correspondents and foreign bills	3	16	22
Bonds	8	15	28
Bills on Finland	16	37	124
Loans	11	21	35
Cash credit and current accounts	8	17	93
Bank buildings	...	1	8
	___	___	___
Total	51	115	370
Debit.
Stock capital and reserve	15	18	53
Deposits and loan on time	27	77	282
Running accounts	6	13	19

Since the end of 1899 the discount and loans have
increased, but, latterly, also the deposits; and the less

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