HC Deb 05 July 1937 vol 326 c21
30. Mr. Lyons

asked the Postmaster-General what was the number of depositors in the Post Office Savings Bank and the aggregate amount of their deposits at the 30th June, 1937, or the latest convenient date?

Major Tryon

The number of depositors in the Post Office Savings Bank on 30th June, 1937, was approximately 10,500,000, and the aggregate amount of their deposits with accrued interest was £455,000,000.

Mr. Lyons

Do these figures constitute a record?

Major Tryon

Yes, and they represent an increase since 30th June last of 300,000 depositors and a total sum of £40,000,000 added to the deposits.

Mr. George Griffiths

Does not that show that the people in this country have confidence in a national, rather than a private bank?

Major Tryon

It shows that they have confidence in this Government.