33 minutes agoBQK: Trust loses 161. 6m euros in pension savings for 7 months
Periskopi(4 years ago)
(4 years ago)Investments of the Kosovo Pension Savings Fund (FKPK) are experiencing the worst period this year. According to the Central Bank of Kosovo, the decline in the institution's investments over the January-July 2022 period has reached 161.7m euros. This is made known in a report on Kosovo's financial system published on August 31st [...]
According to the Central Bank of Kosovo, the decline in the institution's investments over the January-July 2022 period has reached 161.7m euros.
This is disclosed in a report on Kosovo's financial system published on August 31st 2022, where it becomes known that the decline in Trust's share value over January-July 2022 is much higher than the new contributions collected in this period.
“The new contributions collected during the January-July 2022 period total 116.2m euros, while the negative return to investments is 161.2m euros”, made known among other things in the report.
The total value of FKPK assets by July of this year has reached around 2.28 billion euros, while the value of the action price in July has been 1.66.
