Competition and credit control - further developments

Quarterly Bulletin 1973 Q1
Published on 01 March 1973

There have been a number of developments in the arrangements for credit control since the last article on this subject - "Reserve ratios: further definitions", which was published in the December 1971 Bulletin. These concern the position of banks in Northern Ireland; the possible application of Special Deposits at different rates to overseas, as compared with domestic, deposits; and some relatively minor technical changes in the definition of those forms of call money which may be counted as a reserve asset.

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