The net assets managed by Macedonia's two mandatory pension funds totalled 18.12 billion denars ($372.3 million/294.1 million euro) at the end of May, up 1.3% on the month, official data showed.

KB Prv Otvoren Zadolzitelen Penziski Fond (KBPz) ranked first with 9.69 billion denars in net assets at the end of May, followed by NLB Otvoren Zadolzitelen Penziski Fond (NLBz) with 8.43 billion denars, according to figures released by the country's pension insurance supervision agency, MAPAS.

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MACEDONIA: End-May Mandatory Pension Fund Assets Rise 1.3% M/M