Abstract
Although banks offer a range of services and differ in the emphasis given to each type of business, they share the common feature of attracting deposits and using these funds to make profitable loans. A snapshot of this business is contained in a bank’s balance-sheet. The balance-sheet is merely a statement showing the sources of funds to the bank as liabilities and uses to which they are put as assets. Liabilities consist of deposits made with the bank and, to a smaller degree, of capital subscribed by the bank’s owners and reserves accumulated out of past profits. The assets are normally divided into liquid assets, investments (in public-sector stock), advances (loans) and capital goods. Thus a ‘typical’ balance-sheet would be:
Preview
Unable to display preview. Download preview PDF.
Bibliography
A. D. Bain, Control of the Money Supply (Harmondsworth: Penguin Books, 1970).
G. Blunden, ‘The Supervision of the U.K. Banking System’, Bank of England Quarterly Bulletin, vol. 15 (June 1975).
‘Britain’s Banking Bill: umbrella or safety net’, The Banker vol. 128 (Aug 1978).
‘The Secondary Banking Crisis and the Bank of England’s Support Operation’, Bank of England Quarterly Bulletin vol. 18 (June 1978).
‘Papers submitted to the Wilson Committee’, Bank of England Quarterly Bulletin vol. 18 (Sep 1978).
Copyright information
© 1979 R. W. Evans and G. H. Makepeace
About this chapter
Cite this chapter
Evans, R.W., Makepeace, G.H. (1979). The U.K. Banking Sector: Supervision and Structure. In: Monetary Theory, Institutions and Practice: An Introduction. Palgrave, London. https://doi.org/10.1007/978-1-349-16202-4_8
Download citation
DOI: https://doi.org/10.1007/978-1-349-16202-4_8
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-25333-5
Online ISBN: 978-1-349-16202-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)