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BNR: Consumer Credit Benchmark, IRCC, up to 4.06%

The National Bank of Romania published Friday the new value of the quarterly IRCC, it being calculated at 4.06%, up from 2.65% per year.   This is an all-time high for the IRCC since it came into effect in May 2019. Then the IRCC stood at 2.36%, but gradually decreased to a low of 1.08% in November 2021. They followed a sustained growth, and for the first quarter of 2022 its value was calculated by the ...

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