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Croatian pension funds net assets up 5.7% y/y in April – table

Author Annie Tsoneva
Croatian pension funds net assets up 5.7% y/y in April – table Photo: Croatia's HANFA

ZAGREB (Croatia), May 24 (SeeNews) - The total net assets of Croatian pension funds reached 139.1 billion kuna ($19.8 billion/18.5 billion euro) at the end of April, up 5.7% year-on-year, data by the country's financial regulator, Hanfa, showed.

On a monthly comparison base, the net assets of Croatian pension funds were 0.5% lower at the end of April, according to figures released by Hanfa this week.

The Adriatic country of some 3.89 million people had 2.1 million members of its 12 mandatory pension funds in April, as well as 359,267 members of its eight open-end voluntary pension funds and 46,002 members of its 20 closed-end voluntary pension funds.

Details of Croatian pension funds' net assets follow (in billions of kuna):

April 2022 March 2022 April 2021
Mandatory pension funds 131.4 132.1 124.6

Open-end voluntary pension funds

6.3

6.4

5.8

Closed-end voluntary pension funds 1.3 1.4 1.2
Total net assets 139.1 139.8 131.6

Open-end voluntary pension funds

6.3

6.4

5.8

(1 euro = 7.529 Croatian kuna)

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