Romania’s mandatory private pensions funds’ assets were worth RON 31.48 billion in December 2016, a growth by 27.53 percent compared with December 31 2015, according to the data of the Financial Supervision Authority (ASF).
The state bonds own the highest share among the assets, worth RON 20.35 billion, respectively 64.64 percent. On the second place are the shares, worth RON 5.89 billion, while the bank deposits are on the third place, with RON 2.25 billion, respectively 7.17 percent of the total assets.
According to ASF, the total assets value of the pensions fund from the Pillar II was RON 31.481 billion at December 31 2016 and the total value of the net assets was RON 31.46 billion.
The mandatory private pension funds had 6.79 million participants in December 2016. According to ASF, 6.65 million are participants for which were transferred contributions at the beginning of the collection in the system, 3.9 million are participants for which were transferred contributions in December and 2.78 million are participants for which which were transferred contributions in December.
On Pillar II are active the following pension funds: Alico, Aripi, AZT Viitorul tau, BCR, BRD, NN and Vital.