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Forecast on Savings and Loans Trends: Austrians Invest € 5,670 on Average

Published: August 17, 2011; 18:27 · (Vindobona)

Savings passbooks remained the most popular form of saving in Austria. The average loan volume dropped from € 70,200 to € 62,000.

Forecast on Savings and Loans Trends: Austrians Invest € 5,670 on Average / Picture: © Vindobona.org

A recent survey conducted by Integral for Erste Bank looked at the latest monetary flows of Austrians in the second quarter. After the latest hikes in key lending rates, interest on savings accounts rose again slightly in Austria too. This again boosted the popularity of savings accounts: 63% plan to save money on savings passbooks in the next 12 months, 55% set store by building…

This article includes a total of 302 words.

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