Teodorovici said the tax on banks’ financial assets would be disconnected from interest rates but would be linked to banks’ market share instead. Banks with a market share below 1% would pay a 0.2% tax on financial assets and banks with market shares above 1% would pay a tax of 0.4%.
The finance minister said a large part of financial assets would be eliminated from the tax base.
He added further talks would be held with representatives of banks and administrators of mandatory private pension funds.