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Rising Finance Requirements Due to Increase in Investments

Published: December 7, 2011; 14:17 · (Vindobona)

According to the Erste Bank’s forecast on savings and loans, the average financing amount in Austria amounts to € 81,800.

Rising Finance Requirements Due to Increase in Investments / Picture: © Vindobona.org

The current 12-month trend of Austrian households indicates a higher propensity to spend and a relatively constant inclination to save. On average, potential borrowers plan to take out some € 81,800 to finance major acquisitions. On the other hand, they also plan to continue saving money assiduously: on average € 5,720 will be invested in the diverse asset classes next year. As…

This article includes a total of 425 words.

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