The current value was computed based on the interest rates of the fourth quarter of 2024.
Consequently, the new leu-denominated household mortgage and consumer loans granted since May 2019, which are indexed to the new quarterly benchmark index IRCC, will reportedly be slightly lower in the coming period.
The IRCC was introduced in May 2019 to better reflect the situation on the banking market.
The three-month ROBOR index, used in calculating the variable interests on loans in lei taken before May 2019, as well as for leu-denominated corporate loans, reached 5.90% a year on March 31, similar to the level reported at the end of the March 24-28 week.