Quarterly reference index for consumer loans down to 2.36pct per year

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Quarterly reference index for consumer loans down to 2.36pct per year

The consumer credit reference index (CCRI), regulated by 19/2019, has dropped to 2.36pct per year, from 2.66pct, the one published three months ago, according to data announced on Tuesday by of Romania (BNR).

The current CCRI is calculated as the arithmetic average of the daily interest rates of interbank transactions in the third quarter of 2019.

The National Bank of Romania published for the first time, on May 2, 2019, the quarterly consumer loan reference index, regulated by art. II and III of the

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