I. Senior executives
A. Monthly income
Monthly income |
Net |
Mugur Isărescu, Governor |
Salary |
lei 56.118 |
Emolument for holding the position of Board member |
lei 24.295 |
Florin Georgescu, First Deputy Governor |
Salary |
lei 52.865 |
Emolument for holding the position of Board member |
lei 23.940 |
Leonardo Badea, Deputy Governor |
Salary |
lei 48.100 |
Emolument for holding the position of Board member |
lei 23.920 |
Eugen Nicolăescu, Deputy Governor |
Salary |
lei 48.100 |
Emolument for holding the position of Board member |
lei 23.920 |
B. Other income
In addition to the monthly salary, other income is paid on an annual basis, as follows:
- Holiday entitlement – 100% of net monthly salary;
- Other entitlements equivalent to 1.8 net monthly salaries at most;
- An amount related to employees’ participation in the profit-sharing scheme – depending on the amount to be distributed, in compliance with Article 43 of Law No. 312/2004.
At the termination of the individual employment contract, in line with Article 56 para. (1) letter c) of Law No. 53/2003 on the Labour Code, recast, as subsequently amended and supplemented, NBR staff members receive a retirement benefit amounting to 12 salaries, calculated based on the last salary paid, provided they have had at least 12 years of uninterrupted service at the NBR prior to fulfilling the legal requirements for the termination of the individual employment contract.
As concerns the members of the staff with less than 12 years of uninterrupted service at the NBR prior to fulfilling the legal requirements for the termination of the individual employment contract, the retirement benefit is granted as follows:
- between 3 and 6 years – 3 salaries;
- between 9 and 9 years – 6 salaries;
- between 9 and 12 years – 9 salaries.
II. Non-executive Board members
The non-executive members of the NBR Board, i.e. Csaba Balint, Gheorghe Gherghina, Cristian Popa, Dan-Radu Ruşanu, Virgiliu-Jorj Stoenescu, receive a net monthly emolument of lei 23.920 for holding the position of Board member.
They may also receive other income in accordance with the law.
III. Entry point and band maximum for net salaries of holders of management positions in the National Bank of Romania
A. Monthly income
Position |
Entry point |
Band maximum |
NBR head office |
Director |
lei 20.798 |
lei 45.053 |
Deputy Director |
lei 18.952 |
lei 31.962 |
Head of Division |
lei 9.614 |
lei 26.734 |
Head of Bureau |
lei 11.255 |
lei 17.246 |
NBR territorial network |
Director |
lei 11.955 |
lei 17.246 |
Head of Division |
lei 8.962 |
lei 14.417 |
Head of Bureau |
lei 8.955 |
lei 9.936 |
B. Other income
In addition to the income listed in point I.B, the members of the staff may receive an annual performance bonus, based on the individual score resulting from the performance review.
The NBR Board members do not receive a performance bonus.