savings bank Quick reference
A Dictionary of Finance and Banking (6 ed.)
... bank A bank that specializes in setting up savings accounts for relatively small deposits. In the UK the National Savings Bank and building societies perform this function. In the USA, savings and loan associations do...
savings bank Quick reference
A Dictionary of Business and Management (6 ed.)
... bank A bank that specializes in setting up savings accounts for relatively small deposits. In the UK the National Savings Bank and building societies perform this function. In the USA, savings and loan associations do...
savings bank Reference library
The Handbook of International Financial Terms
... bank . A type of bank which takes in long-term savings and relends them, often in the form of mortgages. Also known as thrifts in the USA, building societies in the UK, Australia, and New Zealand, caisses d'éparge in French, Sparkassen in German, cajas de ahorro in Spanish, and casse di risparmio in Italian ( cf. credit union ; Hypothekenbank ; savings and loan association...
Postal Savings Bank of China Quick reference
A Dictionary of Business and Management in China
...Savings Bank of China A commercial bank, initially set up in 2007 by the State Post Bureau, which provides loans to small and medium enterprises and low income and rural customers. The bank also supports large customers and projects, and has an e-banking system including online banking and telephone banking. The Postal Savings Bank of China ( PSBC ) has over 40,000 outlets and 500 million retail customers across China. Ten domestic and overseas strategic investors were introduced in 2015 . The bank was listed on the Hong Kong Stock Exchange in ...
savings bank
Political Economy Reference library
An Oxford Companion to the Romantic Age
...the part of those who were otherwise able-bodied. Assistance should be concentrated on those whose poverty was attributable to circumstances that no prudence could foresee. Negative reform on this front was associated with more positive methods of encouraging prudence through savings banks, public provision of *education [17] , and the extension of all those civil and political liberties connected with the general aim of embourgeoisement . On the other main solution to the population–subsistence equation—repeal of the *corn laws —the analytical and political...
Poverty Reference library
An Oxford Companion to the Romantic Age
...poor, those willing to work and those unwilling, and so discredited much contemporary poor law practice. Self-sufficiency was not just a matter of living within present earnings, but an exercise in foresight and prudence. Reformers advocated new forms of assistance, including savings banks and benefit societies, as instruments to enable the lower classes to provide for themselves against times of sickness or unemployment, and to absorb ‘surplus gains’ which might otherwise encourage profligacy, luxury, and ostentation. By 1803 there were more than 9,000 ...
Utopianism Reference library
An Oxford Companion to the Romantic Age
...fall of the ancien régime in France. Even so the liberal utopia of universal prosperity based on the free market is also present at times. Pauperism, writes Erskine, ‘would soon entirely disappear’, if the mites of the poor were taxed equally with land and moneyed wealth, if savings schemes were used by labourers, if only the deserving poor were given relief, and if the existing system of ranks were reformed rather than abolished, ‘the multitude’ being ‘more governed by visible and permanent distinctions, than by reflections on what is wise or just’....
12 The Economics of Print Reference library
Alexis Weedon
The Oxford Companion to the Book
...saved time, as the initial labour of levelling the type was preserved in the cast. This reduced the making-ready, and hence production costs. Often some repair work was needed to the stereoplates, but it usually amounted to no more than a few shillings’ worth of labour. Such savings meant that it was cost-effective to reprint in shorter runs, though the effort of setting up the press and washing it down afterwards resulted in the fact that the unit cost for editions of fewer than 500 was markedly higher than for editions above that number. This partly...
federal savings and loan association
