Budapest Bank: Savings increased despite crisis

The Covid-19 crisis has not reduced the number of people with savings, moreover, their share has increased as well as the average amount set aside, according to the latest representative research from Budapest Fund Management. Those who regularly set aside every month save more than HUF 50,000 per month, and 16% of the participants in the research have increased their savings in the last more than a year. The security of invested capital, guaranteed return and liquidity remain the main considerations for investments and savings, and trust in banks and bank-owned investment service providers has both increased by 10% since the end of 2019.