Bank deposits a safe haven for households in 2007

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Title: Bank deposits a safe haven for households in 2007
Author: Savolainen, Eero
Series: Bank of Finland. Financial market report
Series number: 2
Year of publication: 2008
Publication date: 19.6.2008
Pages: 6-8
Keywords: kotitaloudet; Suomi; varallisuus; talletukset; arvopaperisijoitukset;
Abstract: Developments in households' financial assets were mixed in 2007. In the first part of the year, rising share prices boosted the value of equity and fund holdings. In the second part of the year, increased uncertainty in the financial markets and falling share prices induced households to transfer a large amount of funds into deposit accounts.

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