Croatian Mandatory Pension Funds' End-Aug Assets Rise 2.63% M/M

The AZ OMF pension fund ranked first with 10.6 billion kuna in net assets at the end of August, data of the Croatian Financial Services Supervision Agency, HANFA, indicated.

Raiffeisen OMF followed with 8.1 billion kuna in net assets, head of PBZ/CO OMF with 4.4 billion kuna and Erste Plavi OMF with 3.5 billion kuna.

AZ also topped the list in terms of number of members at end-August, with 540,620. Raiffeisen OMF followed with 463,971 account holders. PBZ/CO OMF had 266,685 members and Erste Plavi OMF had 230,711.

(1 euro= 7.2948 Croatian kuna)