British Mandate: A Survey of Palestine: Supplement - Page 78

(§ 42)

The amount of outstanding credit granted by foreign banks, local banks and credit cooperative societies at the end of December, 1946, was as follows :

Foreign banks Local banks

Credit cooperatives

Total

LP. '000

17,010 15,884 4,847

87,691

(p. 558) (§ 45)

The distribution of bank credit by categories at 30th September, 1946, was as follows:

(T. 5)

CREDIT GRANTED BY FOREIGN AND LOCAL BANKS OUTSTANDING AT 30.9.46.

Category

Municipalities, local councils, village authorities and public bodies Agriculture

Industry

Construction of buildings

General commerce (wholesale and retail

merchants)

Professional & private individuals Purchase of land

Financial concerns including insurance companies, banks, etc.

Buildings (mortgages) Miscellaneous

544,724 4,172,995 5,907,703 1,916,826

7,980,586 1,773,322 561,648

1,170,870 509,213 4,247,310

28,784,692

LP.

% of Total

1.89 17.98 20.54 6.66

27.72 6.16 1.95

4.07 1.79 11.24

100.00

(p. 561)

Paid up capital, reserve funds, total deposits and advances made by the largest local banks were as follows :

(T. 8)

Name of bank

Paid up-/~rve

capital Fund

LP.

~-1~1~

Deposits Advances

LP.

LP.

Palestine Discount Bank Ltd.

I 600,000 809,850

81.12.45 81.12.46

Page 78