“Mobiasbanca” organizes a promotion campaign on International Savings Day

On the occasion of the International Savings Day, celebrated on Tuesday, October 31, SA “Mobiasbanca” organizes a campaign promoting deposits. According to the sources representing the bank, as part of the holiday, all types of deposits, including the new deposit AGRO with a fixed interest rate of 15.26%, for a 6 months term will be proposed to clients. In this way, “Mobiasbanca” invites all the solicitors to make a successful saving. The International Savings Day have been created in October1924 at the 1st International Banking Congress, held in Milan, in which representatives of 29 countries participated. In 1956, savings banks introduced a mascot for the International savings day, in order to encourage people to make savings – Sparefroh. Mechanisms of encouraging savings and emphasizing the importance of some “spare money", for unexpected events, but also for future in general, are carried out for several years, especially in the developed countries. Thus, the medium monthly saved amount of money for an Austrian citizen is of EUR 132, a fact proving that the main motivation for savings is the creation of a financial secured future. Economic experts state that the financial security for unexpected urgencies is of great importance for 56% of the population representing different countries. In what concerns the very act of saving, two thirds of the subjects, regularly put the money aside and one third in an irregular way, depending on the availability or absence of some additional funds. At the same time, there is a significant tendency to make deposits at greater time intervals and use money for investments with a higher risk factor in order to increase incomes. The importance of savings didn’t reduce in 2006, all three traditional forms of savings keeping their significance – savings accounts, association savings agreements and life insurances.