Pandemic boosted French savings: Options beyond bank current account

For the first time there is more than €500billion being kept in French current accounts, linked to less travel and socialising during the health crisis.

The amount is up by €170billion compared to levels in 2017 and is being put down to the fact people have had less chance to go out shopping, to restaurants and cafes or to take holidays.

However experts say that it does not make financial sense to keep so much in current accounts, which give no interest. 

 

Source: https://www.connexionfrance.com/Practical/Money/Pandemic-boosted-French-savings-Options-beyond-bank-current-account

 

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