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Croatian pension funds net assets up 4.6% y/y in May – table

Author Annie Tsoneva
Croatian pension funds net assets up 4.6% y/y in May – table Photo: Croatia's HANFA

ZAGREB (Croatia), June 23 (SeeNews) - The total net assets of Croatian pension funds reached 138.530 billion kuna ($19.3 billion/18.4 billion euro) at the end of May, up 4.6% year-on-year, data by the country's financial regulator, Hanfa, showed on Thursday.

On a monthly comparison base, the net assets of Croatian pension funds were 0.4% lower at the end of May, according to figures released by Hanfa.

The Adriatic country of some 3.89 million people had 2.1 million members of its 12 mandatory pension funds in May, as well as 361,475 members of its eight open-end voluntary pension funds and 46,035 members of its 20 closed-end voluntary pension funds.

Details of Croatian pension funds' net assets follow (in billions of kuna):

May 2022 April 2022 May 2021
Mandatory pension funds 130.9 131.4 125.3
Open-end voluntary pension funds 6.3 6.3 5.9
Closed-end voluntary pension funds 1.3 1.3 1.3
Total net assets 138.5 139.1 132.5

(1 euro = 7.525 Croatian kuna)

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