Women in Austria are less secure financially
than men, according to a survey by Austria-based Erste Bank.

The survey, conducted by market researcher
Integral on behalf of Erste Bank, found that women in Austria tend
to save €173 ($240) per month – 14% less than men.

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The head of private banking at Erste Bank,
Susanne Höllinger, said: “Women cannot and should not count on the
state or a partner coming to the rescue.”  

She added that women should consider having a
personal account, savings book and a state-guaranteed pension plan
as fundamental banking products.

The survey found that 80% of part-time
employees were female, but were saving more for their families than
men do. 

Other key findings in the survey included:

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  • 41% of all Austrians reported that men and women paid equal
    attention to finances;
  • 39% of Austrians consider  looking after finances a man’s
    it is a man’s thing, compared with 18% saying it is a woman’s
    thing.;
  • 54% of women (v 42% of men) seek financial advice from
    families; 43% (v 37% of men) ask bank advisors;