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Slovaks excel at saving

SLOVAKS and Austrians post the best results among central and eastern European nations when it comes to saving, according to a recent survey conducted by Erste Group.

SLOVAKS and Austrians post the best results among central and eastern European nations when it comes to saving, according to a recent survey conducted by Erste Group.

The poll showed that Slovaks manage to put aside €90 per month, while the figure for Austrians reaches €181, the TASR newswire reported.

"Austrians set aside twice as much money as Slovaks do,” Erste Bank board Chairman Peter Bosek said, as quoted by TASR, adding, however, that the fact that Austrians earn four times more than Slovaks on average should be considered.

In terms of using online banking, Czechs were ahead of both Slovaks and Austrians, but Slovaks are the most frequent users of mobile banking services.

"While the proportion of users of online banking is comparatively low, we're observing rapid and continued growth," TASR quoted Bosek as saying.


Source: TASR

Compiled by Michaela Terenzani from press reports
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