Financials
Average Deposit Balances
 
 Year End
Deposit Balances
Number of
Open Accounts
Average
Deposit
Balance
Purchasing
Power
Factor
Adjusted
Average
Deposit
Balance
 
see NOTE 1
see NOTE 2
see NOTE 3
see NOTE 4
see NOTE 5
 1919
307,610
24,411
13
456.4
129
 1920
746,984
40,130
19
395.4
165
 1921
1,405,978
62,119
23
432.5
219
 1922
1,869,596
76,230
25
502.9
276
 1923
2,883,942
100,245
29
535.0
344
 1924
4,243,541
133,420
32
538.9
383
 1925
5,611,532
166,894
34
537.1
404
 1926
6,799,511
199,605
34
541.6
413
 1927
7,800,221
225,760
35
554.7
429
 1928
9,069,841
254,433
36
556.3
444
 1929
10,274,625
280,129
37
561.3
461
 1930
11,534,835
311,980
37
577.2
477
 1931
12,885,068
333,219
39
602.8
521
 1932
13,682,647
344,584
40
618.9
550
 1933
15,335,689
356,350
43
632.5
609
 1934
17,063,594
374,799
46
632.7
644
 1935
18,925,999
392,927
48
628.2
677
 1936
21,230,935
410,871
52
623.6
721
 1937
23,802,559
431,395
55
603.2
745
 1938
26,680,561
450,584
59
593.8
787
 1939
29,350,236
466,163
63
577.7
814
 1940
31,589,389
472,157
67
494.8
741
 1941
35,917,804
489,165
73
446.4
733
 1942
42,056,508
512,114
82
416.6
765
 1943
50,797,006
537,030
95
403.1
853
 1944
59,510,298
557,792
107
392.5
937
 1945
67,742,971
572,945
118
381.7
1,010
 1946
74,281,359
585,863
127
370.1
1,050
 1947
78,017,901
598,034
130
345.8
1,009
 1948
80,954,001
611,080
132
321.1
952
 1949
83,368,124
626,722
133
312.4
930
 1950
85,121,032
639,220
133
303.1
903
 1951
85,095,825
649,874
131
277.7
813
 1952
84,769,127
663,051
128
254.4
728
 1953
85,437,740
678,197
126
246.7
695
 1954
86,306,963
688,746
125
242.3
679
 1955
88,088,614
705,672
125
231.8
647
 1956
88,577,694
719,214
123
220.9
609
 1957
85,892,086
719,104
119
213.0
569
 1958
83,649,098
724,038
116
206.8
534
 1959
81,929,350
724,130
113
205.6
520
 1960
84,161,954
729,311
115
203.6
526
 1961
85,250,730
730,626
117
196.8
514
 1962
86,660,093
731,338
118
188.8
500
1963
88,845,698
732,647
121
185.1
502
 1964
91,234,473
736,618
124
179.3
497
 1965
92,834,939
738,772
126
171.1
481
 1966
93,937,012
741,538
127
164.6
466
 1967
92,335,217
743,912
124
160.6
446
 1968
94,478,112
753,054
125
153.4
431
 1969
95,949,496
757,176
127
145.5
412
 1970
95,065,150
757,923
125
136.8
384
 1971
99,761,865
761,519
131
125.0
366
1972
104,882,292
764,729
137
116.7
358
1973
113,944,933
773,325
147
106.9
352
 1974
120,682,805
780,390
155
92.2
319
 1975
128,382,322
786,450
163
74.2
271
 Mar 1976
137,255,630
786,890
174
63.7
249
 Nov 1976*
136,730,965
489,913
279
63.7
398
1977*
141,600,000
498,019
284
54.9
349
1978*
160,669,000
462,830
347
50.7
394
1979*
177,659,000
n/a
n/a
44.7
n/a
NOTES:
(Year End = March 31st:  1920 to 1976;
                     November 20th:  Nov 1976 to 1979)
 
[1] Year End Balances include all Deposit Departments' Credit Balances

[2] * Number of Open Accounts includes Inactive Accounts: 1920 to Mar 1976
          - Nov 1976 to 1979 excludes Inactive Accounts (which numbered 296,764 at March 31st 1976)

[3] Average Balance = Balances/Open Accounts

[4] Purchasing Power Factor with January 1974 = 100 pence (Source: Office for National Statistics)

[5] Average Balance adjusted to show relative purchasing power; amounts expressed as 1979 values
 
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