The values of Pillar II assets placed in state notes reached 7.36 billion lei (EUR1.7 billion) in December 2012.

Assets invested in shares increased to 11.18% at the end of last year, from 10.72% in December 2011. Their value hit RON1.08 billion, up 56.7% on the year.

Some 5.44% of assets were placed in bank deposits in 2012, down from 12.08% in the previous year.

Pillar II funds’ assets increased 50.2% on the year to RON9.64 billion in December 2012.

According to CSSPP, 93.64% of Pillar II assets were placed in Romania. (EUR1=RON4.3571)