In the Official Gazette of Romania, Part I, no. 32 of 15 January 2014 was published the Circular no. 2/2014 on amending the minimum reserve requirement, belonging to the Board of the National Bank of Romania.
Beginning with the application period 24 January – 23 February 2014, the rates of the minimum reserve requirements for funds with a maturity of less than two years from the end of the observation period and the financial means with a residual maturity greater than two years from the end of the observation period, which provide contractual terms regarding refunds, withdrawals, anticipated transfers are:
– 12% for funds in national currency;
– 18% for foreign currency funds.
:: The source: JURIDICE.ro
Adina Elena OPREA
Junior Lawyer D&B David şi Baias