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ASF: Private pensions market is largest of the three supervised

The private pensions market is the largest of the three markets supervised by the Financial Supervisory Authority (ASF), with an asset share of approximately 8.3% of GDP, said Dan Armeanu, vice-president of the Private Pension System Sector, on Tuesday."In the 15 years, the private pension system has grown from one period to another and has become the most important component of the non-banking financial system in Romania. The private pension market is the ...

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