BoG: The total value of assets of pension funds at 1.8 billion in Q4
The total deposits of the Funds increased to 310 million euros at the end of the fourth quarter of 2021
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Total assets of pension funds increased to €1,838 million in the fourth quarter of 2021, from €1,777 million in the previous quarter, according to the Bank of Greece
In the fourth quarter of 2021, total assets of pension funds increased to €1,838 million compared with €1,777 million in the previous quarter and €1,698 million in the fourth quarter of 2020.
In further detail, the overall deposits of pension funds increased to €310 million at the end of the fourth quarter of 2021, from €278 million in the previous quarter and €212 million in the fourth quarter of 2020. The share of deposits increased to 16.9% of total assets in the fourth quarter of 2021, compared with 15.6% in the previous quarter and 12.5% in the fourth quarter of 2020.
Total holdings of debt securities decreased to €712 million in the fourth quarter of 2021 from €716 million in the previous quarter and €739 million in the fourth quarter of 2020; their share in total assets decreased to 38.8% compared with 40.3% in the previous quarter and 43.5% in the fourth quarter of 2020.
Total holdings of investment fund shares increased to €465 million from €453 million in the previous quarter and €406 million in the fourth quarter of 2020; their share in total assets amounted to 25.3% compared with 25.5% in the previous quarter and 23.9% in the fourth quarter of 2020.
Total holdings of equity increased to €300 million from €285 million in the previous quarter and €279 million in the fourth quarter of 2020; their share in total assets amounted to 16.3% from 16% in the previous quarter, and 16.4% in the fourth quarter of 2020.
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