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