GfK: financial awareness is independent of age

The development of financial culture is a vital interest for all the players in the financial sector. The financial culture encompasses the knowledge of financial products, the oversight of financial relationships, processes, concepts and the ability to apply financial knowledge.

According to the GfK Retail Banking Monitor, the Hungarian adult population in terms of financial culture is divided. In the area of financial culture, age does not play an important role, but the degree and the residence can be decisive.