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Assets of investment funds in Bulgaria rise 10.6% y/y at end-2019

Author Mario Tanev
Assets of investment funds in Bulgaria rise 10.6% y/y at end-2019 tanatat/Shutterstock.com

SOFIA (Bulgaria), February 21 (SeeNews) - The assets of investment funds operating in Bulgaria grew by an annual 10.6% to 4.32 billion levs ($2.4 billion/2.2 billion euro) at the end of 2019, the Bulgarian National Bank (BNB) said on Friday.

Compared to the end of September, the assets of investment funds operating in the country were 1.1% lower at the end of 2019, the central bank said in a press release.

The assets of resident investment funds increased 14% year-on-year to 1.71 billion levs at the end of 2019, while the assets of non-resident funds rose by 8.6% to 2.61 billion levs.

Details follow (in million levs):

  end-2019  end-2018
Investment funds - total 4,321.7 3,906.0
Non-resident investment funds 2,610.6 2,404.7
Resident investment funds 1,711.1 1,501.2
- equity funds 657.6 581.3
- bond funds 713.0 611.0
- mixed funds 338.8 307.0
- real estate and other funds 1.8 1.9

source: BNB

(1 euro = 1.95583 levs)

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