Bulgaria's 9-mo Supplementary Pension Funds' Net Assets Rise 25%

Bulgaria's 9-mo Supplementary Pension Funds' Net Assets Rise 25%

The combined net assets of Bulgaria's supplementary pension funds rose by a quarter to 5.43 billion levs ($3.52 billion/2.78 billion euro) in the first nine months of 2012, the country's financial watchdog said.

The nine pension funds active in the country recorded a combined net financial result of over 34.37 million levs in the nine months through September, the Financial Supervision Commission said in a statement. It provided no comparative figures.

The funds' total revenue was up by an annual 16.7% to some 86 million levs in the January-September period.

The overall number of Bulgarians with pension insurance plans was 4.07 million at the end of September, up 2.77% from a year earlier.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.