March 15 (SeeNews) - The net assets managed by North Macedonia's three mandatory pension funds totalled 141 billion denars ($2.5 billion/2.3 billion euro) at the end of February, up 2.3% compared with the end of January, official data indicated on Friday.
KB Prv Otvoren Zadolzitelen Penziski Fond (KBPz) ranked first with 69.8 billion denars in net assets at the end of February, followed by Sava Penziski Fond (SAVAz) with 61.7 billion denars and Triglav Otvoren Zadolzitelen Penziski Fond (TRIGLAVz) with 9.5 billion denars, according to figures released by North Macedonia's pension insurance supervision agency, MAPAS.
KBPz had 278,448 clients at the end of February, SAVAz account holders numbered 259,056 and TRIGLAVz clients totalled 58,452.
KBPz is managed by KB Prvo Penzisko Drustvo, co-owned by Slovenia's Skupina Prva and North Macedonia's Komercijalna Banka, according to MAPAS data.
SAVAz, managed by Sava Penzisko Drustvo, is owned by Slovenian reinsurer Sava Re, whereas TRIGLAVz is managed by Triglav Penzisko Drustvo and owned by Slovenian insurer Triglav.
North Macedonia has a population of 1.8 million.
(1 euro = 61.54 denars)