Quarterly reference index for consumer loans drops to 5.86 pct per year

The reference index for consumer loans (IRCC), regulated by Emergency Ordinance (OUG) 19/2019, is 5.86% per year, down from the one published three months ago, of 5.90% per year, according to the data published on Friday by the National Bank of Romania (BNR).The index is calculated as the arithmetic mean of the daily interest rates of interbank transactions from the first quarter of 2024.According to OUG 19/2019, for loans granted in the national ...

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