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Interest rates paid on minimum mandatory reserves starting with 24 March to 23 April 2015

In the Official Gazette of Romania, Part I, no. 248 of 10 April 2015 was published the Circular no. 14/2015 of the National Bank of Romania`s Board on the interest rates paid on minimum mandatory reserves starting with the application period 24 March to 23 April 2014.

Since the application period 24 March to 23 April 23, 2014, the interest rate paid on minimum mandatory reserves are the following:

  • 0,24% per year for the minimum mandatory reserves established in RON;
  • 0,24% per year for the minimum mandatory reserves established in Euro;
  • 0,09% per year for the minimum mandatory reserves established in US dollars.

:: The Source: JURIDICE.ro

Adina Elena OPREA
Junior Lawyer

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