The Jewish banks in Poland have made progress during the year 1926, the Ica here reports. According to the data of the Union of the Banks, the number of banks increased in the period from 215 to 320. There are 150 banks in Congress Poland, thirty-five in Galicia, forty-six in the Eastern provinces and fifty-five in the Vilna District.
The membership of the loan banks on January 1st, 1926, was 78.875, and a year later it had inceased to 110,000. The turnover increased from 14,441,646. Zlotys to 46,548,986 Zlotys, the paid-up capital increased from 2,220,108 Zlotys to 3,706,854 Zlotys and the deposits from 2,520,103 to 9,451,504 Zlotys.
This rapid development of the loan banks in Poland is explained mainly by the support given them by the Foundation whose funds are jointly contributed by the Jewish Colonization Association and the Joint Distribution Committee.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
