Non-bank Financial Institutions

Accounting and prudential statements

Statistic reports

Annual Financial Reporting

Reporting is mandatory for

  • Non-bank financial institutions registered in the General Registry in accordance with the provisions of Law No. 93/2009 on non-bank financial institutions, as subsequently amended and supplemented, including those designated as payment institutions under Law No. 209/2019 on payment services and the amendment of certain legislative acts, or as electronic money institutions under Law No. 210/2019 on the issuance of electronic money;
  • Romanian branches of foreign legal entities that are financial institutions, registered in the General Registry under Law No. 93/2009, as amended and supplemented;
  • Foreign branches of the above-mentioned institutions that are Romanian legal entities.

Regulation

  • Order No. 27/2010 (republished) approving the Accounting Regulations in accordance with International Financial Reporting Standards, as amended and supplemented.

Practical information

  • Annual financial statements must be prepared and published, in accordance with the law, in Romanian language and in the national currency;
  • The annual financial statements and the administrators' report for the relevant financial year must be approved by the general meeting of shareholders or associates, in accordance with applicable legislation. These must also be accompanied by the audit report signed by the responsible person, as required by law;
  • One copy of the duly approved annual financial statements, one copy of the administrators’ report, and one copy of the audit report must be sent by the institution within 130 days after the end of the financial year to the National Bank of Romania. The annual financial statements must be submitted to the NBR - Supervision Department, along with the trial balance of synthetic accounts for year-end, exclusively in electronic format;
  • Institutions are required to submit their annual financial statements exclusively in electronic format, through a secure document transfer mechanism via the Internet, according to specifications provided by the NBR - Supervision Department. The files must include an extended electronic signature based on a qualified, valid, and non-revoked certificate at the time of submission and generated using a secure signature creation device, as defined in Law No. 455/2001 on electronic signature, republished and subsequently amended, or a qualified electronic signature based on a qualified certificate and created by a qualified electronic signature creation device as defined in EU Regulation No. 910/2014 on electronic identification and trust services for electronic transactions in the internal market.

Semi-Annual Financial Reporting

Reporting is mandatory for

  • Non-bank financial institutions registered in the General Registry under Law No. 93/2009;
  • Payment institutions providing credit related to payment services, limited to providing payment services under Law No. 209/2019;
  • Electronic money institutions that provide credit related to payment services and are limited to issuing electronic money and providing payment services, under Law No. 210/2019;
  • Romanian branches of foreign institutions;
  • The Bank Deposit Guarantee Fund, established under Government Ordinance No. 39/1996 on the establishment and operation of the Bank Deposit Guarantee Fund, republished and subsequently amended.

Use of Information

  • Used by the Supervision Department to monitor/supervise non-bank financial institutions, payment institutions, and electronic money institutions.

Regulation

  • NBR Order No. 10/2012 approving the semi-annual accounting reporting system applicable to entities under the NBR’s accounting regulation scope;
  • NBR Order No. 8/2015 amending the annex to Order No. 10/2012;
  • Order No. 4/2014 amending the annex to NBR Order No. 10/2012;
  • NBR Order No. 3/2013 amending and supplementing the annex to Order No. 10/2012.

Practical information

  • Submission deadline: August 16;
  • Data must be entered in a .xls file without decimals and the form must not be modified;
  • Reports must be submitted via a secure electronic document transfer mechanism over the Internet (WinSCP), as per NBR specifications.

Forms

Periodic Individual Financial Statements under IFRS

Reporting is mandatory for

  • Non-bank financial institutions registered under Law No. 93/2009

Use of Information

  • Used by the Supervision Department for monitoring/supervisory purposes.

Regulation

  • NBR Order No. 4/2022 approving the methodological norms for preparing periodic individual financial statements in accordance with IFRS, applicable to NBFIs for prudential monitoring/supervision.

Practical information

  • Submitted quarterly and must include a copy of the trial balance;
  • Deadline: 30 days after the end of each quarter;
  • Submitted via the RAPDIR portal (data upload) and via WinSCP for electronically signed PDFs.

Forms

  • Available through the RAPDIR application.

Report on Indicators for Registration in the Special Registry

Reporting is mandatory for

  • NBFIs registered under Law No. 93/2009

Use of Information

  • Used by the Supervision Department for monitoring/supervision.

Regulation

  • NBR Regulation No. 20 of 13.10.2009, as amended.

Practical information

  • Submitted quarterly, within 25 days from quarter-end;
  • Submission in electronic format via RAPDIR and in printed format, as instructed, to ifn@bnro.ro

Forms

  • Available through RAPDIR.

Statement on the Level of Own Funds

Reporting is mandatory for

  • Non-bank financial institutions registered in the General Registry under the provisions of Law No. 93/2009 on non-bank financial institutions, as subsequently amended and supplemented.

Use of Information

  • Used by the Supervision Department for the purpose of monitoring/supervising non-bank financial institutions.

Regulation

  • NBR Regulation No. 20 of 13.10.2009 on non-bank financial institutions, as amended and supplemented.

Practical Information

  • Reporting forms are submitted quarterly, within 25 days from the end of the quarter for which the report is prepared;
  • Submission is done electronically via the Direct Reporting System (RAPDIR), as well as in printed form, according to the instructions received by the institution, at the email address ifn@bnro.ro

Forms

  • Available to the institution through the RAPDIR application.

Statement on the Exposures of Non-Bank Financial Institutions

Reporting is mandatory for

  • Non-bank financial institutions registered in the General Registry under the provisions of Law No. 93/2009 on non-bank financial institutions, as subsequently amended and supplemented.

Use of Information

  • Used by the Supervision Department for the monitoring/supervision of non-bank financial institutions.

Regulation

  • NBR Regulation No. 20 of 13.10.2009 on non-bank financial institutions, as amended and supplemented.

Practical Information

  • Reporting forms are submitted quarterly, within 25 days from the end of the quarter for which the report is prepared;
  • Submission is done electronically via the Direct Reporting System (RAPDIR), as well as in printed form, according to the instructions received by the institution, at the email address: ifn@bnro.ro

Forms

  • Available to the institution through the RAPDIR application.

Report on Newly Granted Loans

Reporting is mandatory for

  • NBFIs registered in the General Registry under Law No. 93/2009 on non-bank financial institutions, as amended and supplemented.

Use of Information

  • Used by the Supervision Department for monitoring/supervision.

Regulation

  • NBR Regulation No. 17/2012 on certain credit conditions, as amended and supplemented.

Practical information

  • Quarterly, within 25 days of quarter-end for which the report is prepared.
  • Sent electronically via RAPDIR and also in printed form, in accordance with the instructions provided to the institution, at the email address ifn@bnro.ro

Forms

  • Available to the institution through the RAPDIR application.

Statistical Reporting on Assets and Liabilities of NBFIs

Reporting is mandatory for

  • Romanian legal entity NBFIs and Romanian branches of foreign legal entity NBFIs, registered in the General Registry held by the NBR.

Use of Information

  • Compiling NBFI asset/liability statistics
  • Monetary policy formulation
  • Financial stability analyses
  • Household financial situation analyses
  • Informing policymakers
  • Financial national accounts
  • Statistical series are available to researchers and the public via the Interactive Database and Monthly Bulletin of the NBR.

Regulation

Practical information

  • Submitted quarterly within 30 calendar days after the end of the quarter;
  • If the deadline falls on a non-working day, the report is due the last banking day before the deadline;
  • Submission via RAPDIR;
  • RAPDIR support: rapdir-suport@bnro.ro
  • For methodology support on compiling statistics, contact: ifn-suport@bnro.ro

Forms

Foreign direct investment

The reporting is mandatory for

  • Credit institutions
  • Non-bank financial institutions included in the Special Register
  • Insurance corporations

in which a non-resident investor directly holds at least 10% of the share capital

Use of information

  • Measurement of foreign direct investment
  • Compilation of the Balance of Payments and of the International Investment Position of the country
  • Statistical series containing aggregated data are made available to the interested public in the following pages: Statistics>Statistical Domains>External Sector and Interactive Database

Regulation

  • Regulation no.4/2021 on the reporting of data and statistical information to the National Bank of Romania, title II, chapter III (art. 87 - 91)

Practical information

  • Reporting is on a quarterly basis
  • The reporting period is 30 calendar days from the end of the quarter for which the reporting is made. For the fourth quarter, the reporting period is 15 calendar days from the deadline for submitting the annual financial reports, according to the regulations in force
  • The transmission is carried out electronically, through the RAPDIR reporting information system
  • Information on how to connect to RAPDIR can be obtained at rapdir-suport@bnro.ro

Forms

Direct Investment Abroad

The reporting is mandatory for

  • Residents (individuals, legal entities, branches of foreign legal entities) who own at least 10% of the share capital of a non-resident company or own entities without legal personality (branches) registered and/or authorized to operate abroad

Use of information

  • measurement of Romania's direct investment abroad
  • compilation of the Balance of Payments and of the International Investment Position of the country
  • statistical series containing aggregated data are made available to the interested public in the following pages: Statistics>Statistical Domains>External Sector and Interactive Database

Regulatory

  • Regulation no.4/2021 on the reporting of data and statistical information to the National Bank of Romania, title II, chapter III (art. 92)

Practical information

  • The reporting period is no more than 30 calendar days from the date of acquiring the ownership right over the respective non-resident company or from the establishment of the branch abroad
  • The transmission is made in electronic format, at the address ids@bnro.ro

Forms

Private External Debt

The reporting is mandatory for

  • Residents (individuals, legal entities, branches of foreign legal entities) that have entered into contracts with non-residents for operations of the nature of long-term private external debt

Use of information

  • measurement of Romania's foreign debt
  • compilation of the Balance of Payments and of the International Investment Position of the country
  • statistical series containing aggregated data are made available to the interested public in the following pages: Statistics>Statistical Domains>External Sector and Interactive Database

Regulatory

  • Regulation no.4/2021 on the reporting of data and statistical information to the National Bank of Romania, title II, chapter II (art. 81 - 86, see below)

Practical information

  • The reporting term is 30 days from the contract conclusion with a non-resident
  • The transmission is made in electronic format, at the address rdpe@bnro.ro

Forms