English Translation

This event for the first time showed the wider public in the protectorate the existence of a large, capital-intensive savings bank organization. Without doubt, it should be of value to continue to devote full attention to the savings bank system of the Protectorate and, in particular, to the Savings Banks, but also to the Central Bank. The Sparkassen- und Girowesen of the Protectorate also needs to be further aligned with the conditions in the old Reich by further aligning the law on savings banks, which is particularly applicable to the Protectorates, the basis for an expansion of their sphere of activity and thus for a favourable further development. It will also be important to ensure that the savings banks in Bohemia and Moravia are freed from some of the German Reichsdeutschen's incomprehensible views due to the different developments. An intensification of advertising, further modernization of the savings bank businesses and an activation in the credit business is urgently required. II. The savings bank network. At the end of August 194l a total of 177 savings banks existed in the Protectorate. Of them 175 are municipal savings banks, while 2 institutes, namely the Czech Savings Bank in Prague and the First Moravian Savings Fund in Brno, are association savings banks. Most of the funds are still under purely Czech management. Only 7 cash registers are to be addressed as German-led institutes, although there are not a small number of Czechs among the leading masters as well as especially in the following. The 7 German savings banks are the already mentioned Czech Savings Bank in Prague, the Erste Mährisches Sparkasse in Brno, the Moravian-Ostrauer Savings Fund in Moravian Ostrava, the Sparkasse of the city of Iglau in Iglau, the savings bank of the capital Olomouc in Olmütz, the Friedecker Sprasse in Friedek and the Budweiser Savings bank in Budweis. The savings bank network is by no means translated, I recommend the establishment of further branches and acceptance points in the interest of further recording of savings funds and for the better handling of non-cash payments. III