17:45, 13 April 2022 Page views 768 views

16% of Russians keep savings in cash at home

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16% of Russians admit that they keep their savings at home in cash. Most of the respondents (33%) keep money in deposits, 26% – on savings accounts. 15% of the survey participants say that they invested in large purchases, 10% bought foreign currency. Those were the findings of the survey conducted by Post Bank in social networks and on the Bank’s website.

73% of those who opened deposits preferred investments in rubles, while dollar, euro and yuan deposits were chosen by 13%, 8% and 6% of respondents, respectively.

The Russians also informed in which large purchases they have already invested or are ready to invest their savings first of all. 27% consider loan repayment a priority, 25% of respondents would buy an apartment or a house, 13% would buy a car, 12% would spend on large household appliances. 10% of the survey participants want to buy a land plot, another 8% would spend their savings on construction and renovation.

In total, over 2,000 people aged 17-56 from different regions of the country took part in the survey of Post Bank, all of them being subscribers of the bank's accounts in the Telegram and VKontakte social networks, as well as visitors to the Bank's website. The most active survey participants (82% of respondents) were middle-aged (31-54 y.o.) people.