Analytics, Banks, Financial Services, Lithuania, Pensioners

International Internet Magazine. Baltic States news & analytics Sunday, 16.06.2019, 08:07

Household assets in pension funds accounted for 7.9% of total Lithuania`s financial assets

BC, Vilnius, 08.10.2018.Print version
The financial accounts data for Q2 2018 published today shows that total household financial assets amounted to €40.5 bln at the end of Q2 2018 and their annual growth rate was 5.5%, informed Bank of Lithuania.

Household assets in pension funds increased by 12.3% over the year and at the end of the quarter stood at €3.2 bln, which accounted for 7.9% of total financial assets. 

At the end of Q2 2018, the assets of pension funds were invested in investment fund shares (€1.8 bln or 55.4%) as well as debt securities and equity (€1.3 bln or 39.8%). Pension funds assets per person employed made up €2.3 thousand.

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