POSTAL SAVINGS BANK 79 



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In 1912, the net profits of the Austrian Postal Savings Bank were 

 12,515,691.10 crs. The total was placed to the Reserve Fund for the 

 Cheque Department which must amount to 5% of the total deposits in that 

 department. The deposits, in that department, on December 31st., 1912 

 amounted to 485,219,841 crs ; the reserve fund was reduced to 4,145,713 crs. 

 only. There were, therefore, required to make up the fund, other 20,115,278 

 crs., of which 12,515,691 crs. were obtained from the net profits. On 

 December 31st., there was still an amount of 7,599,587 crs. to be made up. 



The reserve fund of the Savings department has been fixed at a 

 maximum of 4,000,000 crs., in accordance with art. 18 of the law of 

 May 28th., 1882 (Bull. Imp. I,aws, No. 56). 



