64
Activities of central (national) banks
This division covers the specific activities of Romania's central bank (BNR), which is the institution responsible for issuing the national currency, controlling inflation, and ensuring the country's financial stability. In short, it is the 'bank of banks' and guarantees the health of the Romanian banking system.
Entrepreneur Profile
This CAEN code 64 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on activities of central (national) banks. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.
Who should avoid:
Avoid the exclusive use of code 64 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.
Understanding CAEN Division 64: The Core of Romania's Financial Stability
CAEN Division 64 represents a fundamental pillar of the Romanian economy, exclusively covering the activities carried out by the National Bank of Romania (BNR). Although at first glance it may seem a narrow niche, its impact on the entire financial and macroeconomic system is overwhelming. The BNR, through its unique attributions, is responsible for issuing the leu, managing foreign exchange reserves, and implementing monetary policy aimed at maintaining price stability.
In the Romanian context, this institution has played a crucial role during crisis periods, such as the financial crisis of 2008-2009 or the COVID-19 pandemic, when it intervened to ensure banking liquidity and mitigate economic shocks. The evolution of the BNR from a simple issuing bank to a sophisticated regulator reflects the maturation of Romania's market economy, especially after joining the European Union.
Major challenges for the BNR include managing inflation in a volatile external context, maintaining exchange rate stability, and adapting to new financial technologies (fintech, digital currencies). For entrepreneurs, understanding the role of the central bank is essential, as its decisions regarding the reference interest rate or reserve requirements directly influence the cost of credit and liquidity in the economy.
Although CAEN code 64 is not accessible to private companies, knowing it helps in correctly interpreting monetary policies and the business environment.
Included Activities
- ✅ Issuance and management of the national currency
- ✅ Setting and implementing monetary policy
- ✅ Managing foreign exchange reserves and gold
- ✅ Supervising and regulating the financial-banking system
- ✅ Granting loans to commercial banks (refinancing)
- ✅ Administering interbank payment systems
- ✅ Setting the reference interest rate
- ✅ Acting as the state's bank (managing government accounts)
Excluded Activities
- ❌ Standard commercial lending activities (commercial banks)
- ❌ Insurance activities
- ❌ Private pension funds
- ❌ Non-monetary financial intermediation activities
- ❌ Financial investment services (brokerage) for the public
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What type of companies can use CAEN code 64?
Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "activities of central (national) banks" is required to have this code authorized in its articles of incorporation or at the Trade Register.
Are special permits required for CAEN 64?
The need for permits depends on the exact nature of the operations carried out under class 64. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.