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In spite of Covid-19 pandemic Croatians manage to fill savings accounts Pixabay

In spite of Covid-19 pandemic Croatians manage to fill savings accounts

By  Dec 03, 2020

Despite the pandemic and the massive decline in GDP, in the first eight months of this year, bank deposits of Croatian citizens and companies increased by almost 20 billion Kuna and amounted to more than 322 billion Kuna, writes Večernji list.

The monthly growth of Croatian savings amounted to an average of 3.2 billion Kuna, and by the end of the year it is expected that savings will increase by at least another billion.

Based on the Croatian National Bank's Finance and Consumption Survey, Croatia ranks among the countries in the world with the most pronounced inequality with an income distribution coefficient of 0.5, and social differences are growing every day.

About three million citizens hold 220 billion Kuna in banks, of which 51,000 have deposits of more than one million Kuna, which is only 1.7 percent of savers. The average amount of deposits per capita is 6,571 Euros. According to the Allianz classification of financial wealth, the middle class includes just over a million citizens.

 

 

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