Stuart Stone
Here's the one for the bank of England: Check p103(in the publication, not the pdf reader), bottom left of the page http://i-uv.com/wp-content/uploads/2013/07/Bank-of-England-Ist-Quarterly-Report-2008-p.103-bottom-left-para.pdf
'banks extend credit by simply increasing the borrowing customer�s current account, which can be paid away to wherever the borrower wants by the bank �writing a cheque on itself�. That is, banks extend credit by creating money'