IRCC, ROBOR, EURIBOR and LIBOR are verifiable benchmarks and represent the average interest rate for loans in RON, EURO, USD and CHF. 

➤ IRCC is the reference index for RON loans granted to individuals, with variable interest and which, as of 2 May 2019, according to GEO 19/2019, replaces the ROBOR index. 

➤ ROBOR stands for Romanian Interbank Offer Rate and represents the average interest rate for loans in RON granted on the interbank market and is set by B.N.R. 

➤ EURIBOR or European Interbank Offered Rate indicates the international interbank interest rate for loans in EURO currency, i.e. the interest rate at which banks participating in the EU currency area lend to each other to finance their current operations. 

➤ LIBOR or London Inter-bank Offered Rate is the index used for loans to banks in the London market. It is mainly used for loans in USD (US Dollars) and CHF (Swiss Franc). 

If you're thinking of taking out a loan, you can calculate your monthly repayments online in the BT credit simulator and then find out over the phone if you're within the amount you want. 😊

The most used are Euribor 3M (3-month) and Euribor 6M (6-month), and they are updated daily on the platform Euribor Rates.