Financial Services » Financial Institutions » The financial sector in Luxembourg | Luxembourg: effect on savings behavior due to low interest rates 2016

Effect on savings behavior due to low interest rates in Luxembourg in 2016

To what extent did the low interest rates on saving accounts change your saving behavior?

The data displays the share of respondents whose saving behavior changed due to low interest rates in Luxembourg in October 2016. Approximately 2% of the respondents answered they added more savings to their accounts due to low interest rates.

No influence 60
I have decreased 15
I have added less 23
I have added more 2

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