Poles prefer to save their money rather than to invest - ING

As many as 77 percent of Poles have savings account, while 42 percent have deposits. Only 14 percent invested their finds into stocks, while 15 percent put their savings into investment funds, ING study showed. Throughout EU, on average, 69 percent have savings account and 31 percent have deposits. When it comes to investments, the EU avarege is 17 percent for stocks and 18 percent for investments funds. “One of the reasons why Poles do not invest their money in various investment products is lack of savings, 32 percent of Poles claim they do not have any savings,” Karol Pogorzelski, economist from ING Bank Śląski. Real Estate and precious metals are Poles favorite commodities to invest in. As many as 33 percent of respondents claim they own precious metals, while 22 percent invested in real estate.