The Croatian Financial Services Supervisory Agency published its latest monthly statistics across pensions, insurance, capital markets and other supervised non-bank sectors. The release shows month-on-month increases in assets for both second pillar mandatory pension funds (MPFs) and third pillar voluntary pension funds (VPFs), alongside higher Zagreb Stock Exchange (ZSE) market capitalisation and growth in UCITS net assets. By end-July 2025, MPFs had 2,369,233 members, up 0.33% from the prior month, with category B funds accounting for 76.06% of members. Net contributions paid in July totalled EUR 148.3m and payments due to personal account closures were EUR 42.9m, down EUR 18.4m month on month. MPF net assets rose 2.2% to EUR 25.2bn, with monthly Mirex returns of 3.20% (category A), 1.92% (B) and 0.26% (C), and annual Mirex returns of 14.64% (A), 8.72% (B) and 3.48% (C); equities increased to 24.2% of assets (EUR 6.1bn) while bonds represented 56.9% (EUR 14.3bn). In the third pillar, open-ended VPF members increased to 431,619 (+0.5% m/m) and closed-ended VPF members to 50,255 (+0.02% m/m); July contributions were EUR 11.6m (+12.4% m/m) and payouts were EUR 4.3m (-3.7% m/m), while VPF assets increased 2.3% to EUR 1.55bn. Pension insurance companies’ assets totalled EUR 620.4m at end-Q2 2025 (+33.2% year on year) and sector profit for H1 2025 reached EUR 783k. In insurance, 14 companies collected EUR 1.2bn of premium in the first seven months of 2025 (+8.2% year on year), driven by non-life premium of EUR 1.0bn (+10.8%), while claims settled fell to EUR 699.2m (-7.9%). On the ZSE, July turnover was EUR 75.7m (+8.0% m/m) and market capitalisation rose 3.5% to EUR 56.4bn, with CROBEX up 4.2% and CROBEXtr up 5.4%; KONČAR d.d. was the most traded stock with EUR 19.7m turnover and an 8.7% price increase. UCITS net assets increased 2.1% to EUR 3.8bn with net inflows of EUR 30.7m, while the Fund for Croatian Homeland War Veterans and Members of their Families reported net assets of EUR 225.0m (down 4.0% m/m) and a -3.8% monthly return; end-Q2 also showed 15 leasing companies with assets of EUR 4.6bn (+12.7% year on year) and three factoring companies with assets of EUR 19.1m and H1 classic factoring volume of EUR 49.2m (85.1% of transactions).
Croatian Financial Services Supervisory Agency 2025-08-19
Croatian Financial Services Supervisory Agency publishes July 2025 market statistics with mandatory pension fund assets at EUR 25.2bn
The Croatian Financial Services Supervisory Agency's latest statistics show increases in assets for second and third pillar pension funds, higher Zagreb Stock Exchange market capitalisation, and growth in UCITS net assets. By end-July 2025, mandatory pension funds had 2.37 million members, with net assets rising 2.2% to EUR 25.2 billion. Insurance premiums collected by 14 companies reached EUR 1.2 billion in the first seven months of 2025, while the Zagreb Stock Exchange saw a 3.5% rise in market capitalisation to EUR 56.4 billion.