Net assets of Albanian private supplementary pension funds rise 60%

Sigal, part of Austria's Uniqa Group, was the market leader at the end of September with total assets of 117.6 million leks under management, the Albanian Financial Supervisory Authority said in its third-quarter report on Tuesday.

The number of the pension funds' account holders has increased by 12.23% from the end of 2011 to 7,065.

Sigal account holders were 43.51% of the total at the end of September, down from 46.85% at the end of June. Next came Raiffeisen with a 33.47% share and Turkish-Albanian pension fund SiCRED with 23.01%.

(1 euro=139.7338 Albanian leks)