The rate has gained 57% this year, after having started at 3.02%, ZF has calculated from Romania’s central bank data.

The six-month ROBOR used in calculating variable interests for mortgage loans in lei grew to 4.92% on Tuesday from 4.90% on Thursday.

The twelve-month ROBOR index, which represents the interest rate paid on loans in lei attracted by commercial banks from other commercial banks for a twelve-month period, climbed to 5.01% from 4.97% on Thursday, April 21.

The trend of the ROBOR index is impacted by several factors among which the central bank’s monetary policy, the market liquidity, inflation and tax policy. 

(English version by Loredana Fratila-Cristescu)

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