On a monthly comparison base, the net assets of Croatian pension funds were also 1.7% higher at the end of November, according to figures released by Hanfa this week.
The Adriatic country of some 3.89 million people had 2.172 million members of its 12 mandatory pension funds in November, as well as 370,860 members of its eight open-end voluntary pension funds and 46,878 members of its 20 closed-end voluntary pension funds.
Details of Croatian pension funds' net assets follow (in billions of kuna):
November 2022 | October 2022 | November 2021 | |
Mandatory pension funds | 133 | 130.8 | 131 |
Open-end voluntary pension funds | 6.4 | 6.3 | 6.1 |
Closed-end voluntary pension funds | 1.3 | 1.3 | 1.3 |
Total net assets | 140.7 | 138.4 | 138.4 |
(1 euro = 7.544 Croatian kuna)