Total assets held by privately-managed pension funds at 62.5 bln lei as of end-March
Publicat:Total assets held by Romania's privately-managed pension system stood at 62.55 billion lei (12.96 billion euros) as of March 31, 2020, up 17.56 percent YoY; private pensions accounted for 5.83 percent of GDP, shows data released by the Financial Supervisory Authority (ASF) on Friday.
The total net assets held by privately-managed pension funds (Pillar II) amounted to 60.14 billion lei (12.46 billion euros), having advanced by an annual rate of 17.76 pct.
There were 7.53 million participants registered in the privately-managed pension system as of March 31, 2020, by 0.84 percent…
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