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savings balance grows to over 420 billion euros, the mountain of savings that we have in our accounts continues to grow steadily. For a moment it seemed that we let the money roll again and the total balance even decreased for a while, but that is already outdated.

Figures published by De Nederlandsche Bank (DNB) on Thursday show that more than 2.5 billion euros were added in the month of June. Our combined savings balance is now more than 421 billion euros.

The Dutch have always been a frugal people, but since the outbreak of the corona crisis things have been going really fast. In February 2020, the combined balance was rounded off to 370 billion euros. At the end of the first corona year, it had risen to 390 billion euros.

Another year later, that was already 407 billion euros. In the month of May of this year, when many people received holiday pay, 6.5 billion euros were added in one fell swoop and another 2.5 billion in June.


Total savings balance grows to over 420 billion euros


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