The Albania Financial Services Authority published market statistics on private pension funds as of 31 December 2024, reporting that seven funds were active during 2024 and that total net assets reached ALL 12,870.80 million (EUR 82.61 million). Net assets increased by ALL 1,855 million (16.84%) compared with 31 December 2023, while membership rose to 44,926 members, up 15.71% year on year. The release also provides fund-level figures as of 31 December 2024, showing SIGAL with 14,914 members and ALL 3,151.46 million in net assets, CREDINS PENSION with 19,256 members and ALL 2,506.17 million, RAIFFEISEN with 4,573 members and ALL 1,663.23 million, and ALBSIG with 4,401 members and ALL 702.84 million. SMART PENSION and SIGAL PRO were reported with 574 members and ALL 63.88 million, and 545 members and ALL 20.24 million, respectively. The euro conversion uses the Bank of Albania’s official exchange rate of EUR 1 = ALL 98.15 as of 31 December 2024, and the authority made the full dataset available in an Excel file.
Albania Financial Services Authority 2025-02-24
Albania Financial Services Authority reports private pension fund net assets up 16.84% to ALL 12.87bn by end-2024
The Albania Financial Services Authority released market statistics for private pension funds as of 31 December 2024, noting a 16.84% increase in total net assets to ALL 12,870.80 million (EUR 82.61 million) and a 15.71% rise in membership to 44,926. Detailed fund-level data was provided, with SIGAL, CREDINS PENSION, RAIFFEISEN, and ALBSIG among the notable funds. The euro conversion rate used was EUR 1 = ALL 98.15.