Quarterly reference index for consumer credits announced by BNR 2.36 per year
Publicat:The reference index for consumer credits (IRCC), regulated by Government Emergency Ordinance (OUG) 19/2019, is 2.36 per cent per year, calculated as the arithmetic average of the daily interest rates for the inter-banking transactions for the 4th quarter of 2018, according to data announced by the National Bank of Romania (BNR) on Thursday.
"The calculation methodology and the publication policy are presented in the Regulations regarding the calculation and publication of the daily index and quarterly reference index (called the reference index for consumer credits - IRCC) regulated by…
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