The Straits Times
Published on Oct 07, 2012

92% of Singaporeans have savings: Survey


A higher percentage of Singaporeans have accumulated savings and investments than their peers in India, the United States and Britain.

Mainland Chinese pip the Republic in terms of savings, but Singaporeans are well ahead in terms of investments, a new survey by insurer Aviva has found.

More than nine out of 10 Singapore respondents - 92 per cent - said they saved some money.

The Chinese had a slightly higher level of savings at 96 per cent. But Singapore's number easily trumped India, the US and Britain.