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| TFF4102 - Target 10 - Social - Household deposits |
| Definition |
Deposits are amounts owed by credit institutions to creditors (other than those arising from the issuance of negotiable securities). Non-negotiable securities issued by credit institutions are included in the category deposits. Non-negotiable securities that become negotiable will be reclassified as debt securities. The deposit category includes: a) Overnight deposits - deposits convertible into cash and / or transferable on request by check, payment order, debit or similar means, without significant delays, restrictions or penalties. Overnight deposits include, but are not limited to, the following assets: a1) current accounts, with or without interest; a2) demand deposits, bearing or not interest; a3) traveler's checks held;
b) Term deposits - non-transferable deposits, which cannot be converted into cash before a pre-established fixed term or which can be converted into cash before the agreed term only with the payment of penalties. Also included are interest-bearing savings deposits for which the maturity criterion is not important (classified at maturity over 2 years). Financial products that are automatically renewed at maturity must be classified according to the nearest maturity in time. Although term deposits may be repaid prematurely upon prior notice or may be repaid on demand subject to the payment of penalties, these features are not considered important in terms of classification. c) Refundable deposits after notification - non-transferable deposits, without term, which cannot be converted into cash until after the expiration of a notified period; before the expiration of the notified period, the transformation into cash is not possible or is possible only with the payment of some penalties. These include deposits which, although legally liquidable on demand, are subject to penalties and restrictions in accordance with national practices (classified up to and including 3 months) and investment accounts with no notified period or agreed maturity, but which provide for restrictive withdrawal conditions (classified at intervals over 3 months).
d) Repo loans - the consideration for cash received in exchange for securities sold by reporting agents at a certain price, with a firm commitment to repurchase the same securities (or similar securities) at a firm price and at a later date set. Amounts received by reporting agents in exchange for securities transferred to a third party ("temporary acquirer") are classified as "repurchase agreements" if there is a firm commitment to repurchase the securities, and not just the option to do so.
The following options for repo transactions are classified under "repurchase agreements":
- amounts received in exchange for securities temporarily transferred to a third party in the form of cash-backed securities loans;
- amounts received in exchange for securities temporarily transferred to a third party in the form of a sale / buy-back contract.
Securities underlying repo transactions are recorded according to the rule from the asset item debt securities. Operations involving the temporary transfer of gold, guaranteed by cash, are also included in this item. The deposit category also includes loans received (including subordinated loans) by monetary financial institutions, available from current customer accounts, collateral deposits and security deposits. |
| Periodicity |
Annual |
| Data sources |
National Bank of Romania |
| Methodology |
The data for the elaboration of the monetary indicators are reported according to the NBR Regulation no. 4/2014, Title I, Chapters I and II, where the provisions of Regulation (EU) no. ECB Regulation (EC) No 1071/2013 of 24 September 2013 on the balance sheet of the monetary financial institutions sector (recast) (ECB / 2013/33). Until December 2014, these data were reported according to NBR Regulation no. 31/2011. |
| Last update |
MAR 28, 2024 |
| Observations |
-Data may be subject to review.
-Series available since 2008.
- For further details visit quality profile of the indicator.
- For additional information you may contact us by e-mail at: datestat@insse.ro or by phone at: 021-3181824 - extension 1278. |
| Responsible person |
Cornelia Barti, e-mail: cornelia.barti@insse.ro tel: 0213181824/int. 1317 |
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