Moonlight Ballroom Blog

National Bank of Romania (BNR), the central bank of Romania, an independent public institution, the only authorized entity for issuing banknotes and coins that are valid in Romania, and also has the authority to control how credits ( credite nevoi personale )are managed by commercial banks.National Bank of Romania (BNR) is Romania’s central bank, having legal personality. This is an independent public institution with headquarters in Bucharest and may have branches and agencies both in Bucharest and other towns in the country, which are also empowered to manage credit cards situation ( card de credit si credit nevoi personale ). National Bank was founded in 1880 with an initial capital of 30 million lei (10 million of the state capital), which was given as a credit by the state at that time. Today, converting that sum would give us a tremenduous amount of money.