The value of the public reference indexes, currently used to calculate the interest for natural person loans

Reference index 1M
ROBOR 2,42% 2,55% 3,24% 3,31%
EURIBOR -0,46% -0,35% -0,33% -0,24%

The valid value of the reference indexes is the one that is published by the related regulatory organisation, by two working days prior.

The reference indexes value is valid for the following interval:
ROBOR 1M/ EURIBOR 1M: 02.06.2020 - 30.06.2020
ROBOR 3M/ EURIBOR 3M: 01.04.2020 - 30.06.2020
ROBOR 6M/ EURIBOR 6M: 03.01.2020 - 30.06.2020
ROBOR 12M/ EURIBOR 12M: 03.01.2020 - 31.12.2020

Consumer Credit Reference Index (IRCC) covered by GEO 19/2019
Calculation period Validity period Index (% p.a.)
Trim II - 2020 Trim IV - 2020 2,44

The current IRCC index level taken into account is of 2.44% on the basis of the Q4 2019 quotation published on December 31, 2019 on the National Bank of Romania website.

Interest changes quarterly on January 1, April 1, July 1, and October 1 of the year, or on the first business day immediately following the first day of the quarter, if the first of the quarter is a non-working day, in accordance with the provisions Emergency Ordinance no. 19/2019 for amending and supplementing some normative acts. The Index is published quarterly by the National Bank of Romania on the Institution's website and is calculated in accordance with the Rules on the calculation and publication of the daily index and of the quarterly reference index regulated by GEO 19/2019.