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The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has decreased on Thursday to 3.25%, down against 3.26% on Wednesday, the lowest level of the past two months, according to the figures released by the National Bank of Romania (BNR).
It is the highest level since August 3, 2018, when it was 3.47%. Early this year the index was 2.99% per annum.
The 6-month ROBOR Index, considered in order to calculate interest rates on mortgage loans, has stagnated at 3.38%.
ROBOR (Romanian Interbank Offer Rate) is the average interest rate for loans in national currency granted on the interbank market, and the increase of this indicator leads to an increase of instalments for loans in national currency.
BNR has recently published the quarterly consumer credit reference index (IRCC), which replaced ROBOR in the calculation of interest rates on the majority of RON loans. Its value, for the last quarter 2018, is 2.36%.
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Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002