2023-07-05 14:57:02
In May, almost 7.4 billion euros in savings were added. Only in the first corona year, when the Netherlands was in lockdown, did savers deposit more savings in May.
That is what consumer economist Marten van Garderen of ING says, who published figures from De Nederlandsche Bank (DNB) analyzed at the request of NU.nl.
Against a record amount of savings, the balance on our current account has not increased so slowly in the past twenty years. According to Van Garderen, this amounts to 1.2 billion euros. “While this is normally 5 billion euros in the month of May.”
The economist can only name one reason for this: the interest rate. “We have gone from little or no interest to pieces. Moreover, you transfer the money to your current account very quickly and easily.” Apparently we did that en masse.
Most people receive holiday pay in the month of May. May 2020 was an absolute record in terms of savings for that month, with a net deposit of 9.4 billion euros. In May 2019 that was still 6.2 billion euros, in 2021 the amount decreased to 5 billion euros and last year it amounted to 6.5 billion euros.
There is now a total of 444 billion euros in our joint savings accounts.
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