Restoring the National Bank of Romania’s Patrimony


The National Bank of Romania, the 16th oldest central bank in the world, has an important heritage consisting of its architectural, historical, artistic and moral patrimony. Its restoration started over 20 years ago as a self-financed effort. This is a morally and financially justified process as the institution’s goal is to restore an important piece of tradition and national past given that the Central Bank’s history is directly linked to that of the modern Romanian state.

The NBR’s architectural patrimony is mainly composed of the three buildings in the historical center of Bucharest (the financial and banking district) that accommodate the NBR’s headquarters and the Bucharest regional branch. In addition, there are other buildings with historical value in the NBR’s branch network a Băncii Naționale a României. During 1940-1990, maintenance and repair works were undertaken, but under the communist regime there was no attempt whatsoever to properly restore them.

Given the advanced state of degradation, extensive work was required. Reinforcement, restoration and modernization works became a must, especially in the case of the Old Palace, an imposing building and a true emblem of the City. Throughout its existence, this building was only repaired three times.

The NBR’s interest and relentless drive in this strenuous restoration process are consistent with the efforts of other European central banks in this respect (Bank of England, Banque de France and Nationale Bank van België/ Banque Nationale de Belgique). These NCBs also understood the need to preserve their heritage, in light of their public representation role and in a bid to achieve greater openness, at a time when communication and transparency are the hallmarks of an era.

Key elements of the important historical heritage of the NBR also include the Library, the Archives and the Museum, the latter focused on numismatic items.

  • Architectural Patrimony »»
  • Historical Patrimony »»
  • Artistic Patrimony »»
  • Moral Patrimony »»

For more details on the National Bank of Romania’s heritage and the extensive efforts to restore it, please consult the Photo Gallery.