The three-month ROBOR index, based on which the cost of consumer loans in lei with variable interest is calculated, fell on Monday to 7.10% per year, from 7.29% per year in the previous session, according to data released by the National Bank of Romania (BNR).

At the beginning of this year, the index was 5.92% per year, but it began to increase on May 6, two days after the first round of the presidential elections, when it rose to 6.08% per year.

The six-month index, used in calculating interest rates on mortgage loans in lei with variable interest, fell to 7.23% per year, from 7.39%, in Friday’s session, and the 12-month ROBOR fell to 7.31%, from 7.44% previously.

As for the consumer credit reference index (IRCC), regulated by GEO 19/2019, it is 5.55% per year, calculated as the arithmetic average of the daily interest rates of interbank transactions in the fourth quarter of 2024, down from the previous quarter’s 5.66%.

AGERPRES