641
Activities of central banks (national)
This category includes the specific activities of the national central bank, the public institution that controls the money supply, sets the reference interest rate, and oversees the stability of the financial system. It is not an ordinary bank where you can make deposits or take loans – its role is macroeconomic, regulatory, and involves issuing the national currency.
Entrepreneur Profile
This CAEN code 641 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on activities of central banks (national). 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 641 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.
CAEN Division 641: Central Bank Activities
CAEN Division 641, officially titled 'Activities of central banks (national)', is one of the most important economic categories, although it involves a single major player on the Romanian market: the National Bank of Romania (BNR). This class covers the essential functions of the central bank, including issuing the national currency, defining and implementing monetary policy, managing international reserves, and prudential supervision of credit institutions. In Romania, the BNR plays a crucial role in maintaining price stability and the financial system, with inflation as its main target. The macroeconomic impact of these activities is enormous: monetary policy decisions influence the cost of credit, investment, and consumption, while exchange rate management affects exports and imports. The evolution of this sector is closely linked to European integration and the adoption of the euro, which involves challenges such as alignment with ECB rules and managing nominal and real convergence. Entrepreneurs active in the financial sphere must understand that any decision by the central bank – from changing the reference interest rate to regulations on banks' own capital – has direct effects on liquidity and financing costs. Although CAEN 641 is not a class that you can enter as a private firm, it represents the foundation on which the entire banking and financial system in Romania rests.
Included Activities
- ✅ Issuing and managing the national currency
- ✅ Overseeing the banking and financial system
- ✅ Managing foreign exchange and gold reserves
- ✅ Monetary policy operations (interest rate, open market operations)
- ✅ Issuing government securities and managing public debt
- ✅ Providing payment services for banks and government
- ✅ Collecting and publishing financial and monetary statistics
Excluded Activities
- ❌ Commercial banking activities (deposits, loans to the public)
- ❌ Financial services provided by commercial banks, investment banks, savings banks
- ❌ Monetary intermediation activities carried out by other financial institutions (credit companies, credit cooperatives)
- ❌ Managing pension funds and mutual funds
- ❌ Insurance and reinsurance
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What type of companies can use CAEN code 641?
Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "activities of central banks (national)" is required to have this code authorized in its articles of incorporation or at the Trade Register.
Are special permits required for CAEN 641?
The need for permits depends on the exact nature of the operations carried out under class 641. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.