The total value of the assets of the Vocational Insurance Funds amounted to EUR 2,508 million from EUR 2,428 million in the previous quarter
An increase of EUR 80 million or 3.3% was increased by the total value of the assets of occupational insurance funds, up to EUR 2,508 million at the end of the fourth quarter of 2024, compared to EUR 2,428 million in the previous quarter, according to Bank of Greece.
More specifically, the total deposits of the funds increased by EUR 7 million and stood at € 73 million at the end of the fourth quarter of 2024. The percentage of deposits in total assets stood at 2.9%, compared to 2.7% in the previous quarter.
The value of the total positions of the funds in debit securities increased to € 1,123 million at the end of the fourth quarter of 2024, compared to € 1,108 million in the previous quarter. This development is mainly due to net domestic bond markets, which were partially offset by net sales of foreign bonds. The percentage of debt securities in total assets decreased to 44.8% in the second quarter, compared to 45.6% in the previous quarter.
The value of total post -equity shares increased to EUR 835 million at the end of the fourth quarter of 2024, compared to EUR 801 million in the previous quarter, and their percentage of total assets stood at 33.3%, compared to 33.0% in the previous quarter. The increase in the value of the placements is mainly due to net markets overseas.
Finally, the value of total shares and other ownership of ownership increased to EUR 425 million at the end of the fourth quarter of 2024, compared to € 407 million in the previous quarter, a development mainly due to an increase in foreign shares. The share of all assets stood at 17.0%, in the fourth quarter of 2024, compared to 16.8% in the previous quarter.
Source: Skai
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