AcasăEurope NewsMandatory private pension funds had assets of 149.95 billion RON in September

Mandatory private pension funds had assets of 149.95 billion RON in September

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Mandatory private pension funds had assets worth 149.95 billion RON at the end of September 2024, up 28% compared to the level recorded at the same date in 2023, according to statistics of the Financial Supervisory Authority (ASF).

„Investments by privately managed pension funds were 94% in Romanian assets, most of which were denominated in RON. A large part of the Romanian instruments are represented by government securities or shares listed on the BVB,” says ASF.

According to the cited source, contributions collected in September 2024 amounted to 1.58 billion RON, while the average contribution was 383 RON.

At the end of August, government securities held the largest share of assets, at 100.16 billion RON, or 66.8%. Ranking second were equities, with 35.75 billion RON (23.8%), and third corporate bonds, with 6.48 billion RON (4.3% of total assets).

According to ASF, mandatory private pension funds had 8,239,012 participants in September 2024.

The following pension funds are active in Pillar II: Metropolitan Life, Aripi, AZT Viitorul tau, BCR, BRD, NN and Vital.

AGERPRES

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