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Bank 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 1 Banca Transilvania: 20.15% 19.11% 19.55% 18.46% 17.72% 16.48%: 13.87% 13.15% 12.60%: 9.80%
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.
The National Bank of Romania (Romanian: Banca Națională a României, BNR) is the central bank of Romania and was established in April 1880. Its headquarters are located in the capital city of Bucharest.
Romania's national currency is the leu / RON.After Romania joined the European Union (EU) in 2007, the country became required to replace the leu with the euro once it meets all four euro convergence criteria, as stated in article 140 of the Treaty on the Functioning of the European Union. [1]
The name euro was officially adopted on 16 December 1995 in Madrid. [16] The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743 at the time). Physical euro coins and banknotes entered into circulation on 1 January 2002, making ...
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
Rank Bank Total assets (billions of US dollars) Headquarter city 1 : HSBC: 2,919.84 London: 2 : BNP Paribas: 2,867.44 Paris: 3 : Crédit Agricole: 2,736.95 Paris
Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania.The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign.