Croatian Mandatory Pension Funds' Assets Rise 2.56% M/M in Nov

Pension fund AZ ranked first with 11.4 billion kuna in net assets at the end of November, data from the Croatian Financial Services Supervision Agency, HANFA, indicated.

Raiffeisen mandatory pension fund followed with 8.7 billion kuna in net assets, ahead of PBZ/CO with 4.8 billion kuna and Erste Plavi with 3.8 billion kuna.

AZ also was the top fund in terms of client numbers at the end of November with 546,671 accounts. Raiffeisen mandatory pension fund followed with 469,314 account holders, ahead of PBZ/CO with 269,879 members and Erste Plavi with 233,428.

(1 euro = 7.2854 Croatian kuna)