Iceland 1930

Bibliographic data

Monograph

Identifikator:: 1830571079

URN:: urn:nbn:de:zbw-retromon-221162

Document type:: Monograph

Title:: Iceland 1930

Edition:: 2. ed.

Place of publication:: Reykjavík

Publisher:: Ríkisprentsmiđjan Gutenberg

Year of publication:: 1930

Scope:: 193 S.; Tab., Kt., Taf.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Financial institutions

Collection:: Economics Books

IR bank is entrusted to a board of governors, consisting of 5 members, and a board of directors of 3 members who act as the executive of the bank. The committee is composed of 15 members, elected by both houses of Althingi for a term of 6 vears. The chairman of the board of governors is appointed by the minister in charge of banking matters for a term of years, while the remaining four are chosen by the committee to serve for 4 years. The board of governors appoint the managing directors, while the committee elect two auditors to audit the accounts of the bank. As the Banking Department of the National Bank is in the course of the present year to be divided into two departments: an issue de- partment and a savings bank department, the subjoined balance sheet on the 31st of December 1928 refers to the banking department as at present constituted : I. The Banking Department. Assets. Jold Reserves . Loans . . , . Discounts . . . . , 3ank Bills discounted 3onds . . . . . Real Estate . . . Correspondents . Divers Debtors . Cash. . . . » kr. 559 725.00 17 460 510.24 26 349 963.31 1 505 886.50 4770 261.85 2368 812.52 11 750 364.61 495 318.22 408 646.37 Kr. 65 669 488.62 > se 5, 7. B. J) Liabilities: Capital Stock Notes . . . . Government Loan . . , , | — British Loan. . . . . . , — 3ank Bonds . . . . . , . — Foreign Bank-Acceptances dis- counted . . . . . , , , — Deposits . . . . . , , . — Hypothec-Mortgage Department Correspondents . . . . . Mortgages on the Banks Real Estate . . . . . . . , 11. Diverse Creditors . . . , . 12. Profit & Loss Account , . . . kr. 3 000 000.00 4 242 000.00 1806 223.23 3 544 000.00 500 000 00 3346 000.35 46 544 360.80 1730620.16 288 631 45 211 804.99 265 270.61 223577.03 Kr. 65669 488.62

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