Quarterly reference index for consumer loans climb 1.86pct per year

 The reference index for consumer loans (IRCC), regulated by Government Emergency Ordinance No. 19/2019, is 1.86pct per year, which is calculated as the arithmetic average of the daily interest rates of interbank transactions in the 4th quarter of 2021, up from the one published three months ago, by 1.17pct, according to the data reported by the National Bank of Romania (BNR).The National Bank of Romania published for the first time, on May 2, 2019, the ...

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