The reference index for loans granted in lei with variable interest is published every working day on website of the National Bank of Romania. It is calculated as a weighted average of interest rates and interbank market transaction volumes.  

The IRCC will be updated quarterly, similar to the way ROBOR6M is updated.

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. 😊