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Home BUSINESSFinns less willing to take investment risks than Swedes
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Tue, 02 Jun, 2015 12:10:38 AM
FTimes – STT Report, June 2
 
Danske Bank office in Helsinki.File Photo – Lehtikuva.
Swedish investors are more willing to take risks in hope for higher returns than their Finnish counterparts based on the current low interest rate situation, according to a survey commissioned by Danske bank.
 
As much as 57 per cent of Swedish respondents were ready to take huge risks in hope for greater returns compared to 43 per cent of Finns and 38 per cent of Danes.
 
The interest of the investors is mainly vested in shares while, surprisingly, many consider bank deposits an interesting investment alternative.
 
The survey was carried out in a situation where the interest rates were at a record low, and the lack of a reasonable level of interest generate has raised the share prices.
 
The survey involved 1,627 active investors or people interested in investments in Finland, Sweden, Norway and Denmark. The number of Finnish respondents was 402.
 
The survey was carried out by TNS Gallup in March.
 
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