2024 was the best performing year in the 16-year history of the private pension system, with the total asset value climbing to RON156.4 billion, up 19% from 2023, and by over 56% from 2022. From the end-2020 level, the value doubled.
“Private pension funds performance confirms the solidity and importance of this system for the financial market and the entire Romanian economy. The stead increase registered by private pension funds also demonstrates participants’ confidence and the efficiency of a well regulated and closely supervised system,” stated Alexandru Petrescu, ASF president.
According to ASF, projections point to a continuation of this upward trend, with the system expected to go beyond the threshold of 10% in GDP in the near term.
(English version by Catalina Apostoiu)