Quarterly reference index for consumer loans drops to 5.86 pct per year

The reference index for consumer loans (IRCC), regulated by Emergency Ordinance (OUG) 19/2019, is 5.86% per year, down from the one published three months ago, of 5.90% per year, according to the data published on Friday by the National Bank of Romania (BNR). The index is calculated as the arithmetic mean of the daily interest […]