Croatian pension funds' net assets rise 13% on year

Banking

Total net assets of Croatian pension funds reached HRK 134.8 billion (EUR 18 billion) at the end of July, up 12.9% year-on-year, according to data by the country's financial regulator, Hanfa.

On month, the net assets of Croatian pension funds were 0.9% higher at the end of July.

The Adriatic country of 4.4 million people had 2.078 members of its 12 mandatory pension funds in July as well as 343,890 members of its 8 open-end voluntary pension funds and 45,425 members of its 20 closed-end voluntary pension funds. 

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