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Value of total assets administered in private pension system reaches almost 13bn euros

The value of total assets under administration, at the level of the entire private pension system, reached 61.53 billion lei (12.95 billion euros), on September 30, 2019, increasing by 24.04pct compared to December 2018, according to a release of the Financial Supervisory Authority (ASF) regarding the evolution of the private pensions market in the first nine months of 2019.At the end of September 2019, the share of private pensions in Gross Domestic Product was ...

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