Skip to content
Advertisement

Business

Almost 60 percent of Poles don't think about their financial future

13:40

A poll carried out by IBRIS on behalf of Deutsche Bank shows that just under 60 percent of Poles are not planning to do anything with their finances. This constitutes an almost 10 percent rise from last year's poll. "Just under 17 percent of those polled declared a willingness to increase their savings; 14.5 percent said they will regularly put away money for retirement" IBRIS wrote in a report. It was also revealed that only 3.4 percent of polled constituents intended to invest in investment funds, while 2.8 percent in stock markets. For 40 percent of Poles, the largest dream is to possess capital which gives them the feeling of safety. This was the most popular response in the entire poll. "This is a very surprising result," said Monika Szlosek, director of investment banking in Deutsche Bank. "It shows on one hand our aversion to risk, and on the other, a clearly visible lack of knowledge on the matter of investing." "In order to change this, it will be necessary to implement actions that will increase consumers' knowledge and trust towards capital markets and investment instruments."

More from Business All