On the other hand, cash reserves do not earn any return for the bank.

He also said that cash reserves had increased further since then.

New York, which had just a few hundred million dollars' cash reserve at the beginning of 1998, now has nearly $3 billion.

It also increased cash reserves from A$180,000 to over one million.

A $300,000 cash reserve helped welcome the company into its new home.

That is still enough, many said, to justify a large cash reserve.

And the reason wouldn't be the short-term effect on cash reserves.

It has also built up a cash reserve of about $1 billion.

Whatever your aims, building up a cash reserve for the future always makes sense.

The company is also doing a good job of managing its cash reserves, he said.