The amount invested in savings certificates rose again in August, for the 23rd consecutive month. The year-on-year increase was 15.7%, taking investment to a new all-time high, according to Banco de Portugal.

The sequence of increases shows continued growth in this savings product. The reported figure refers to the amount invested, not the number of subscribers or certificates held.

Savings certificates are one of the options available to savers in Portugal. The latest development provides an indication of demand for this instrument, although it does not replace an assessment of the terms and features applicable to each subscription.

Follow savings data and learn about the terms of available products.