Investment and pension fund companies increased profits in the first 6 months of 2020

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The companies managing the investment and pension funds have expanded their profits by ALL 122.3 million, in the first 6 months of this year, the Financial Supervision Authority (FSA) announces.

According to the AFSA, compared to last year, the net profit of companies has increased by about 52%.

AFSA announces that the largest company, Raiffeisen Invest, for six months realized a net profit in the amount of ALL 109 million, an increase of 51% compared to a year ago.

Credins Invest Fund increased its profits to ALL 10.2 million. Sigal Pensions marked an increase of ALL 11.7 million, or 38% compared to last year. Meanwhile, Albsig Invest and WVP Fund Management Tirana closed the year with small losses, respectively with the values of 7.8 million ALL and 766 thousand ALL.

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