Although only 18% of Austrian women
believe that finance is a female theme, one-half of women in
Austria reach their own financial decisions, according to a report
from Erste.
A survey conducted for Erste by market
researchers Integral and released on International Womans Day (8
March) flagged up women as champion savers, compared to
men.
Go deeper with GlobalData
On average, Austrian women put aside an
average of €253 ($334) per month, only €13 per month less than
men, despite Austrian women having to live on monthly incomes
around 40% less than the male average.
This sum includes
provision for retirement funds, additional private health insurance
and general savings.
Susanne Höllinger head
of private banking at Erste Bank Austria, said:
“This is a good
development. Women are leaving the cliché of the financially
dependent female behind them.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“The basic elements of
finance in life should include the full package of an own account,
own savings account and own pension provisioning.”
She said that 65% of all
women in Austria have a savings account, followed by a building
society savings account (60%) and by life insurance (46%). Only 16%
of women have riskier investments such as equities, bonds and
funds.
