LT: Most Households Save in cash, in an Account or by Holding Deposits with Banks

2015/05/07 | Research findings |

The BERENT institute in Vilnius has on behalf of the Lithuanian Central Bank conducted a national representative a new study about the Lithuanian households’ financial behaviour. The interviews were conducted during March 2015, in total 1.006 households were interviewed.

The best part of households accumulated financial assets as cash, in an account or by holding deposits with banks and do not intend to change their choice in the near future, shows the latest conducted Survey of the Financial Behaviour of Households, commissioned by the Bank of Lithuania.

Abstract is available on Lithuanian Central Bank’s homepage (in English):

https://www.lb.lt/survey_most_households_save_in_cash_in_an_account_or_by_holding_deposits_with_banks

The full report (in Lithuanian):

http://www.lb.lt/n21467/nu_finansines_elgesenos_apklausos_apzvalga_ltu_2015-i.pdf

Source: Lithuanian Central Bank.

See also: http://berent.com/2014/12/households-financial-behaviour/