The History of the National

Bank of Romania
• It was set up in 1880 as the 16th national bank in terms
of date of establishment, out of almost 200 central
banks in the world; that is, before other relevant
institutions in Japan, Italy, Switzerland and the United
States of America. Therefore, on 17 April 1880 the
official Gazette published the Law for the establishment
of an “account and circulation bank”, while King Carol I
promulgated the Statutes of the NBR, with the relevant
set of organization, functioning and management
regulations.
Regarded as the
founder of the
National Bank,
Eugeniu Carada
was appointed
director in 1882
and was in office
until his death in
1910.
• With no headquarters in place yet, after its establishment, the bank
used to function in the building of the Senate on Boulevard Elisabeta
and later on in the headquarters of the Rural Land Credit, a space
suitable for setting up the printing house.
• In 1881 the bank purchased a plot of land in Lipscani Street from the
state, in order to build new headquarters.
• The Romanian architects Cerchez and Băicoianu were thereafter
appointed for finalizing the works, which would be concluded in
1890.
In 1901 the state withdrew from among the shareholders of the
bank.
The bank continued to set up new agencies, and consequently,
in 1914, it ensured a good functioning of its activities within 4
branches and 29 agencies, throughout the territory of Romania.

Galati Craiova
BNR Chisinau

BNR Bazargic
Evolution of Romanian Money

1 leu 1992

1 leu 1915
500 lei, 1918 25 bani, 1921 1 leu, 1924
Bibliography
• https://www.bnr.ro/Istoria-BNR-13680.aspx
• http://enciclopediaromaniei.ro/wiki/Banca_Na%C5%A3ional%C4%83_a
_Rom%C3%A2niei
• https://www.historia.ro/sectiune/general/articol/cele-mai-importante-
momente-din-istoria-bancii-nationale-a-romaniei