By means of Instruction No. 02/2021 and Directive No. 02/DMA/2021, both of 10 February 2021, the BNA has updated the existing rules for the calculation and compliance with the minimum reserves requirements by Banking Financial Institutions. The amendments introduced aim at making the rules on minimum reserves requirements compatible with the current macroeconomic stability framework, in order to ensure greater efficiency of monetary policy instruments.

Instruction No. 16/2020, of 2 October 2020, and Directive No. 04 / DMA / 2020, of 6 October 2020, were repealed.

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