Penalty rate for deficits of minimum reserve requirements

In the Official Gazette of Romania, Part I, no. 746 from 13 October 2014 was published the National Bank of Romania Board Circular no. 34/2014 regarding the penalty rate for deficits minimum reserve requirements in national currency starting with the application period of 24 October to 23 November 2014.

Since the application period of 24 October to 23 November 2014, the penalty rate for deficits minimum reserves in national currency at 8.75% annually.

:: The source: JURIDICE.ro

Corina PESCARU

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