N. Macedonia's mandatory pension funds' assets edge up in Oct

KB Prv Otvoren Zadolzitelen Penziski Fond (KBPz) ranked first with 63.8 billion denars in net assets at the end of October, followed by Sava Penziski Fond (SAVAz) with 56.7 billion denars and Triglav Otvoren Zadolzitelen Penziski Fond (TRIGLAVz) with 8.1 billion denars, according to figures released by North Macedonia's pension insurance supervision agency, MAPAS.

KBPz had 276,544 clients at the end of October, SAVAz account holders numbered 258,392 and TRIGLAVz clients totalled 54,400.

KBPz is managed by KB Prvo Penzisko Drustvo, co-owned by Slovenia's Skupina Prva and North Macedonia's Komercijalna Banka, according to MAPAS data.

SAVAz, managed by Sava Penzisko Drustvo, is owned by Slovenian reinsurer Sava Re, whereas TRIGLAVz is managed by Triglav Penzisko Drustvo and owned by Slovenian insurer Triglav.

North Macedonia has a population of 1.8 million.

(1 euro = 61.58 denars)