IRCC
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Consumer Loan Reference Index IRCC To Grow To 5.71% Starting January 2023
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, will grew to 5.71% starting January 1, 2023, from 4.06% at present, in...
Consumer Loan Reference Index IRCC Grows To 4.06% For 2Q/2022
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 4.06%, higher by 53% than the previous level of 2.65%, in line...
Consumer Loan Reference Index IRCC Grows To 2.65% For 1Q/2022
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 2.65% from 1.86% previously, in line with central bank data rel...
Loan Reference Index IRCC Grows To 1.86% From 1.17%
The IRCC, the loan reference index published quarterly by Romania’s central bank, has increased to 1.86% from 1.17%.
Three-Month Money Market Rate Stays At 1.99%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, remained unchanged at 1.99% a...
Three-Month Money Market Rate Drops To 2.05% After Key Rate Cut
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 2.05% a year Thursday, from 2.15% a year Wednesda...
Three-Month Money Market Rate Stays At 2.15% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before June 2019, remained unchanged at 2.15% a...
Consumer Loan Reference Index Reaches 2.66% for 2Q
Romania's consumer loan reference index, or IRCC, stood at 2.66% in the second quarter, slightly higher than the 2.63% value for the first quarter of the year, central bank data showed Monda...
Consumer Loan Reference Index Grows To 2.63%, From 2.36% In Early May 2019
The new reference index for consumer loans (IRCC), which is regulated by government emergency decree no. 19/2019, has reached 2.63%, higher than 2.36% set at the beginning of May, central ba...