Croatian Mandatory Pension Funds' End-Sept Assets Rise 3.4% M/M

Pension fund AZ OMF ranked first with 10.9 billion kuna in net assets at the end of September, data of the Croatian Financial Services Supervision Agency, HANFA, indicated.

Raiffeisen OMF followed with 8.4 billion kuna in net assets, ahead of PBZ/CO OMF with 4.6 billion kuna and Erste Plavi OMF with 3.6 billion kuna.

AZ was also the top fund in terms of client numbers at end-September with 542,495 accounts. Raiffeisen OMF followed with 465,649 account holders, ahead of PBZ/CO OMF with 267,685 members and Erste Plavi OMF with 231,603.

(1 euro= 7.253 Croatian kuna)