ING Bank published information about the big changes for many Romanians, some of them being completely unexpected at the beginning of the year, but sometimes there are big surprises. ING Bank revealed the fact that the Coronavirus pandemic has greatly changed the financial behavior of Romanians, so that 75% of buyers now prefer to shop for products online, instead of going to stores to buy something, which is normal, because stores do not impose protective measures, just like some banks.
ING Bank it also reveals the fact that 66% of Romanians place great emphasis on the quality of the products they buy, even more than in the past, which is also perfectly normal. 21% of Romanians also said that their food expenses increased during the Coronavirus pandemic, and it's normal because they stayed at home more, and the ING Bank study highlights what a lot of people already knew times.
ING Bank: Big Changes Announced for MILLIONS of Romanians
ING Bank says that in contrast to those who buy more food, there are 14.8% of the participants in the study who say that they have drastically reduced their food expenses. The financial changes that the people from ING Bank reveal through this study done by EY Romania show us that some people prefer not to come into contact with others when it is not necessary, and when they know that the rules are not followed, although sometimes it is inevitably not to be forced to submit to risks.
An EY Romania study shows us that Romanians are willing to reduce their budgets for non-essential expenses, and even permanently give up their old consumption habits. Some are considering a general reduction in spending, while for others, quality has become more important than price.
Published by ING Romania on Monday, August 3, 2020
ING Bank it is not the first revelations regarding the changes in financial behavior as far as the Romanians are concerned, many of them are going through very big changes in this very difficult period for everyone. Changes in financial behavior are perfectly normal in times like this, and ING Bank tries to come up with solutions to help people get back to normal, and of course to spend more, because that's what makes money.
ING Bank has prepared a series of measures to help Romanian companies get through the period of the Coronavirus pandemic more easily, but also for individual clients who need loans.
