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SAVINGS

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ING: Four in 10 Romanians Spent Less, Three in 10 Saved More in Lockdown
Banks-Insurance

ING: Four in 10 Romanians Spent Less, Three in 10 Saved More in Lockdown

Approximately 46% of Romanians said they spent less during the coronavirus lockdown, above the EU average of 44%, and 31% said they saved more, similar to the EU average of 30%, according to...

Oana Gavrila · 02.07.2020 · 14:41 · 2 min
ING Survey: Home Ownership is Main Saving Goal for Two in Five Romanians
Banks-Insurance

ING Survey: Home Ownership is Main Saving Goal for Two in Five Romanians

Among Europeans, Romanians are the most interested in saving to buy a home, as 84% find owning preferable to renting, while 21% don't think they could afford to buy their own home, a survey...

Oana Gavrila · 05.02.2020 · 15:41 · 1 min
Romanians Saved More Than RON124.5B in Banks in 2019
Banks-Insurance

Romanians Saved More Than RON124.5B in Banks in 2019

Romanian individuals made leu and euro deposits worth 124.5 billion lei in the first eleven months of 2019, 8.3% more than in the year-earlier period, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 24.01.2020 · 10:14 · 1 min
Survey: Nearly 40% of Romanians Expect to Save Less This Year
Analysis

Survey: Nearly 40% of Romanians Expect to Save Less This Year

Nearly 40% of Romanians expect to save less this year compared with 2018 and 52% expect they will spend more on food and utilities (53%), according to a survey on household spending by marke...

Oana Gavrila · 03.07.2019 · 13:06 · 1 min
ING Survey: Over 60% of Romanians Expect To Be Working Beyond Retirement Age
Analysis

ING Survey: Over 60% of Romanians Expect To Be Working Beyond Retirement Age

Around 54% of Europeans expect to continue working after retirement age, with the highest rates among Romanians and Czechs (63%), according to the ING International Survey Savings 2019 relea...

Oana Gavrila · 20.02.2019 · 13:07 · 1 min
Study: 16% Of Romanians Would Use Their Savings If Left With No Money Vs 29% Of Germans
Retail&Consumer

Study: 16% Of Romanians Would Use Their Savings If Left With No Money Vs 29% Of Germans

16% of Romanians would use their savings if they had no money left, compared with 29% of Germans and 27% of Italians, according to a comparative social research by Kruk Group.

Ecaterina Craciun · 24.07.2017 · 17:05 · 1 min
Banks-Insurance

Romanians’ Local Currency Savings Hit New Record High In June

Romanians’ local-currency savings reached a new record high in June, to RON97.5 billion, up 1.7% on the month and 10.7% on the year, according to central bank data.

Gabriela Stan · 26.07.2016 · 12:53 · 1 min
Banks-Insurance

ING: Nearly 75% Of Romanians Would Take Money Out Of Savings Accounts If Interests Turned Negative

Nearly three quarters of Romanians said they would take money out of their savings accounts if interest rates went negative, of which over 17% would switch into alternative assets (such as t...

Gabriela Stan · 03.12.2015 · 13:31 · 1 min
Banks-Insurance

Housing Savings And Loan System Under Scrutiny By Court Of Accounts

The housing savings and loan system introduced in Romania ten years ago is under investigation by the Court of Accounts on suspicion that the government subsidies part of the process were no...

Loredana Frățilă-Cristescu · 25.09.2015 · 10:21 · 2 min