SKOPJE (N. Macedonia), September 13 (SeeNews) - The net assets managed by North Macedonia's three mandatory pension funds rose to 99.8 billion denars ($1.9 billion/1.6 billion euro) at the end of August from 97.9 billion denars a month earlier, official data indicated.
KB Prv Otvoren Zadolzitelen Penziski Fond (KBPz) ranked first with 50.8 billion denars in net assets at the end of August, followed by Sava Penziski Fond (SAVAz) with 45.8 billion denars and Triglav Otvoren Zadolzitelen Penziski Fond (TRIGLAVz) with 2.2 billion denars, according to figures released by North Macedonia's pension insurance supervision agency, MAPAS.
KBPz had 268,677 clients at the end of August, SAVAz account holders numbered 250,537 and TRIGLAVz clients totalled 25,444.
KBPz is managed by KB Prvo Penzisko Drustvo, co-owned by Slovenia's Skupina Prva and North Macedonia's Komercijalna Banka, data on the MAPAS website shows.
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 2 million.
(1 euro = 61.59 denars)