Polish pension funds grow by 13.4% ytd, reaching EUR 72.9bn at end of November

By bne IntelliNews December 9, 2013

The value of assets managed by Poland's 13 mandatory open pension funds (OFEs) increased in November by 0.8% m/m to PLN 305.75bn (EUR 72.90bn) at the end of the month, according to the Polish Financial Supervision Authority (KNF). Ytd, these assets grew by 13.4%.
The number of OFE members rose to 16.377mn at the end of November from 16.380mn a month earlier and vs. 15.942mn at the end of 2012.
The OFE accounting unit's weighted average value was PLN 37.78 at the end of November vs. PLN 37.56 a month earlier and compared to PLN 34.39 at the end of 2012.

Related Articles

Poland's GetBack plans to raise up to PLN500mn from IPO later this year

Polish debt collecting company GetBack plans to raise PLN400mn-500mn (€95mn-119mn) from its upcoming initial public offering (IPO), the company said in the offering’s prospectus released on June ... more

Slovak PM says no pledge made on EU migrant quotas

Slovakia has made not offered the European Commission a pledge to take part in the migrant quota scheme, Prime Minister Robert Fico suggested to parliament on June 15. The statement comes shortly ... more

Germany and Gazprom question need for EU talks on Nord Stream 2

A joint EU mandate to discuss the operating rules that would apply to Russia's planned Nord Stream 2 gas pipeline is not necessary, Angela Merkel said on June 15. Russian state-controlled ... more