Financial Supervisory Authority

Assets of optional pension plans exceed 2.43 billion lei, as of Oct. 31, 2019

The optional pension plans had assets worth over 2.43 billion lei, as of October 31, 2019, up 21.7% from the same period of 2018, according to the Financial Supervisory Authority (ASF). Government securities held the highest share in the assets, of 1.373 billion lei, which is 56.4%. Second came stocks, at 600.509 million lei (24.67%).

Capital Market Forum this Friday to look at diversification of BVB products, establishment of Central Counterparty

The prospect of the Bucharest Stock Exchange (BVB) to promote to emerging market status, the diversification of BVB products, the need for setting up the Central Counterparty and the stage of the Sovereign Investment Fund are among the main topics the second Capital Market Forum taking place this Friday in Bucharest will be looking at; the event is organized by the Financial Intelligence econom

Mandatory private pension funds had assets worth 53.41 billion lei in May, up 24.18 pct

The mandatory private pension funds had assets worth more than 53.41 billion lei, on May 31, 2019, up 24.18 per cent against the same month a year before, according to data provided by the Financial Supervisory Authority (ASF). Government bonds hold the highest share among these assets, of 31.58 billion lei, 59.14 per cent respectively.

Mandatory private pension funds register over 48 billion lei assets in January, increasing 17.1pct

The mandatory private pension funds had assets worth over 48 billion lei on 31 January 2019, increasing 17.1 percent from the level in the similar month of the previous year, according to the Financial Supervisory Authority (ASF). Securities hold the largest share within the assets, worth 30.37 billion lei, namely 63.2 percent.

Mandatory private pension funds register over 47.6 billion lei assets in December, increasing 19.7pct

The mandatory private pension funds had assets worth 47.6 billion lei on 31 December 2018, increasing 19.7 percent from the level in the similar month of the previous year, according to the Financial Supervisory Authority (ASF).

Compared to the level of the assets in the previous month, of 48.18 billion lei, in December 2018 there is a decline of 1.2 percent.

November 2018 mandatory private pension funds reach over 48 billion lei assets, up 23.51pct

The mandatory private pension funds had assets worth 48.19 billion lei on 30 November 2018, up 23.51 percent from the level registered in the similar month of the previous year, according to the data of the Financial Supervisory Authority (ASF).

RBL: Pillar II retirement account savings trimmed 12.9 pct for 7 ml contributors because of calendar non-observance

Seven million Romanian contributors have 12.9 percent less in their retirement saving accounts because of the non-observance of the Pillar II contributions increase calendar, which resulted in the loss of both the money promised under law and of the money multiplication effect, argue Romanian Business Leaders (RBL) representatives.

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