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December 1, 2022

XTB: Romania, highest potential in CEE regarding the increase of financial investments made by natural persons

Romania has a high growth potential with regard to the volume of financial investments made by natural persons, compared to other markets of Central and Eastern Europe, XTB Romania informs in a press release. According to estimations made by the company, the average sum per capita traded each day on the stock exchange amounts to EUR 0.5, hypothetically considering that all Romanians trade on the bourse. The indicator has higher values in other countries of the region like Poland (EUR 5), Czech Republic and Hungary (EUR 4), which shows that there is an important increase potential of this sum in Romania too. The fact that Romania has a large population represents, in itself, one of the strongest prerequisites for the further development of the trading market, believes Tadeusz Kuropatwinski, General Manager XTB Romania: “Let’s not forget that Romania has the second largest population in the CEE and approximately 5 million taxpaying employees. I would say that at least 10 pc of them, approximately 0.5 million, are potential investors, a significantly higher number than in other countries of the region, like Hungary, Slovakia, Bulgaria, Croatia or the Czech Republic. This leads to a higher growth potential for the transaction market of Romania.”The development of the local market can also be fueled by the fact that the Bourse remains attractive – the value of transactions doubled in 2011 compared to the previous year and, even if this indicator decreased in 2012, the yields of the main indices of BVB (BET, BET-FI) were considerably higher than the interests of bank deposits.Another important prerequisite is the fact that Romania has the second-fastest internet connection globally after Korea, of approximately 15 mbps, five times more than the average speed of the connection Americans have at home. This can be considered as a positive sign of their interest for transactions. XTB Romania, which runs a number of educational projects meant to improve the trading abilities of traders, estimates for this year an increase of its monthly transaction volume of 10-15 pc, compared EUR 6-8 bln in 2012.

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