Saving in CEE Becomes More Important

Business › Economy ♦ Published: October 29, 2012; 14:30 ♦ (Vindobona)

Poles and Slovaks are CEE's savings champions, putting aside 15% resp. 12% of their monthly income. Austrians, Germans and Czechs follow suit with 9%.

Saving in CEE Becomes More Important / Picture: © Vindobona.org

Erste Group's latest CEE Savings Barometer, published today, shows that saving money is important to more than three quarters of the people in CEE. "Compared to some years ago saving money has significantly increased in importance for most people in our region. This is good news as it supports low household indebtedness and also helps to boost the liquidity of the financial sector",…

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Poland, Slovakia, Czech Republic, Savings, Germany, Banking Industry, Erste Group, Surveys
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