63 percent of Romanians have little knowledge of credit cards, reveals GFK study

Romanian's have a low level of financial education according to a study conducted, this summer, by GFK Romania, for the Romanian Banking Association (ARB). The study included 1000 respondents of adult age and was conducted by phone.While 55 percent of respondents have little knowledge of what a debit card is, around 62 percent have little idea what a banking account is. Romanians are also in difficulty when it comes to credit cards, around 63 percent responding that they have ...

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