SAVINGS BANK (ACCOUNTS AND DEPOSITS).

HC Deb 15 June 1925 vol 185 c25

63. Colonel WOODCOCK

asked the Postmaster-General the number of accounts in the Post Office Savings Bank and the total amount of the deposits?

The POSTMASTER-GENERAL (Sir William Mitchell-Thomson)

The estimated number of active accounts in the Post Office Savings Bank at 30th April, 1925, was 12,600,000, and the estimated balance due £283,000,000.

Mr. H. WILLIAMS

Can the right hon. Gentleman tell us whether the assets are equal to the liabilities?

Sir W MITCHELL-THOMSON

Oh, yes.