The reality of the financial culture in the city of Setif : a survey study

Abstract EN

This research aims to study the reality of financial culture in the city of Setif - a survey - on a sample of 317 individuals aged over twenty years old; The findings showed that the level of financial culture for most of the population of the city of Setif is very low.

This was shown by the main and secondary study axes, where it was found that the level of banking culture, including: the bank accounts axis, the savings axis and the borrowing axis is very low due to several factors, exceptionally for the payments axis which recorded a high level, while the insurance and stock market culture have recorded very low levels.

So, through the statistical testing of the hypotheses, it was the null hypothesis which was accepted.

That's to say, the residents of Setif do not have a financial culture (banking, insurance, and stock exchange).