More than half of Romanians consider that saving is very important, compared to 44 percent in 2020 and 36 percent in 2019, but at the same time 71 percent of the respondents do not have a saving routine and only randomly put money aside, reveals the annual survey conducted by Erste Group in Central and Eastern European countries.Banca Comerciala Romana marked World Savings Day (October 31) by revealing the results of the "Money Matters" survey conducted by Erste Group in the CEE region. The numbers show that the Romanians are making progress as regards financial education, but still lack the discipline of regularly putting money aside.According to the survey, 51 percent of Romanians consider that saving is very important, compared to 44 percent in 2020 and 36 percent in 2019, but at the same time 71 percent of the respondents do not have a saving routine and only randomly put money aside, after they settle their current expenses. In most countries in the region, 1 in 2 of the surveyed reported saving a fixed amount every month, which points to a better organization of expenditures and the prioritization of savings.Romanians save on average 309 lei per month, the equivalent of 58 euros, for an average net wage of 3,541 lei. The average monthly amount saved across the region is 120 euros, by 31.86 percent more compared to 2017, when it was just 91 euros. The Romanians' monthly saving amount has increased constantly, reaching 309 lei - by 8.5 percent more from 286 lei in 2020, and 14.8 percent higher than 269 lei in 2019.Erste Group member Banca Comerciala Romana is one of Romania's most important financial groups, including universal banking operations (retail, corporate & investment banking, treasury and capital markets), as well as dedicated companies in the leasing, private pensions and housing banks market.BCR offers a complete range of financial products and services, through a network of 18 business centers and 16 mobile offices dedicated to companies and 370 retail units located in most cities with over 10,000 inhabitants.
Romanian prime minister Marcel Ciolacu said on Monday, February 24, that a "lasting peace" in Ukraine cannot be achieved without the involvement of the United States, and argued that Romania does not have to choose between it and the European Union. The statements come as the Trump administration is currently negotiating a resolution to the […]
Romania's acting president, Ilie Bolojan, has invited leaders of parliamentary parties to consultations on Wednesday, February 26, to prepare the country's stance for the extraordinary European Council meeting on March 6 in Brussels. The summit, convened by European Council president Antonio Costa,...
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The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
