Role of the banks

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What exactly happens to your savings? Well, your savings are used to keep the economy going because banks convert your money, and the money of all other savers and investors, into loans to families, companies and governments.


Did you know that more than 89% of savings are converted into loans to families, companies and governments? In other words, in 2022:

  • the banking sector was able to provide 287 billion euros in credit to households.
  • nearly 170 billion euros worth of loans were lent to companies.
  • the government could invest 60 billion euros in, among other things, wind farms, new city parks, cycle paths, childcare and the renovation or construction of schools and a basketball court near you.

Febelfin launched a campaign to explain the story and operation of the banks in an understandable way.