Statistics on Pension Funds: Q4 2024
13/03/2025 - Press Releases
- Total assets of pension funds increased by 3.3% to €2,508 million at the end of the fourth quarter of 2024 from €2,428 million in the previous quarter.
Total assets of compulsory and non-compulsory occupational pension funds (“pension funds”[1]) increased by €80 million compared with the previous quarter and stood at €2,508 million in the fourth quarter of 2024.
In further detail, the overall deposits of pension funds increased by 7 million and stood at €73 million at the end of the fourth quarter of 2024. Deposits’ share in total assets stood at 2.9% compared with 2.7% in the previous quarter.
Total holdings of debt securities increased to €1,123 million at the end of the fourth quarter of 2024 from €1,108 million in the previous quarter. This development is mainly due to net purchases of domestic securities, which was partially offset by net sales of foreign securities. Debt securities’ share decreased to 44.8% of total assets at the end of the fourth quarter of 2024, compared with 45.6% in the previous quarter.
Total holdings of investment fund shares increased to €835 million at the end of the fourth quarter of 2024 from €801 million in the previous quarter. Their share in total assets stood at 33.3% compared with 33.0% in the previous quarter. The increase of these holdings is mainly due to net purchases of foreign investment fund shares.
Equity holdings increased to €425 million at the end of the fourth quarter of 2024 compared with €407 million in the previous quarter, mainly due to valuation increases in foreign shares. The share of equity in total assets stood at 17.0% from 16.8% in the previous quarter.
Table 1: Balance Sheet of Pension Funds (EUR millions at the end of the period)
Table 2: Net flows of investments of Pension Funds (EUR millions)
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Related information:
The next Press Release on “Statistics on Pension Funds” for the first quarter of 2025 will be published on 12 June 2025, according to the Advance release calendar on the Bank of Greece website.
[1] Pension Funds include compulsory and non-compulsory pension funds according to the List of Pension Funds in the Bank of Greece’s website.