TIRANA, October 15 /ATA/-The voluntary private pension funds have experienced the highest annual growth rate.
The Bank of Albania reported that during 2019, the voluntary private pension funds increased by about 28% if compared with last year.
According to the BoA, this indicator still accounts for a small share of total household savings.
They account for 0.2% of total household savings and amounts to a total of ALL 2.3 billion.
Voluntary private pension funds are an important instrument of total individual savings, which include: Investment fund and Albanian government debt securities, treasury bills and bonds. /e.xh/j.p/p.s./
