Post office savings - Ekiteikyokuchokin

…The postal savings system was established with the objective of cultivating a good culture of thrift and savings among the general public by providing a reliable means of savings backed by the credit of the government, and at the same time stabilizing people's lives and accumulating industrial capital for the modernization of Japan. At first, the name was simply "savings," but with the development of private banks, it became "post office savings" to avoid confusion, and then "postal savings" in 1987. At the end of the first year of its establishment, the postal savings balance was only 15,000 yen, but since then it has increased to 100 million yen in 1908, 1 billion yen in 1923, and 10 billion yen in 1942, and the funds were deposited in the Deposit Department of the Ministry of Finance (which became the Fund Management Department in 1951) and used for the promotion of industry and the enrichment of the nation and strengthening its military. …

*Some of the terminology that refers to "Post Office Savings" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…そこで郵便貯金制度は，政府の信用を背景とした確実な貯蓄手段を提供することによって，国民一般の間に勤倹貯蓄の美風を養い，その生活の安定を図ると同時に，日本の近代化のための産業資本の蓄積を図るという目的をもって始められた。当初その名称は，単に〈貯金〉となっていたが，民間銀行の発達に伴って，混乱を避けるために〈駅逓局貯金〉となり，87年から〈郵便貯金〉となった。発足初年末の郵便貯金残高は1万5000円にすぎなかったが，以来，1908年1億円，23年10億円，42年100億円と増加し，その資金は大蔵省預金部(1951年から資金運用部)に預託され，殖産興業･富国強兵のため利用された。…

※「駅逓局貯金」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報