ROBOR has fallen amid liquidity in the market, but the shock on inflation is bound to be transferred to interest rates, said on Wednesday the president of the Association CFA Romania, Adrian Codirlasu.‘ROBOR has fallen amid liquidity in the market and reduced inflation. But for the last two months we had shock on inflation, which is bound to be transferred to interest rates. In the context of high inflation, the interest rates will continue to grow. In general, an interest rate must contain the anticipated rate of inflation. Otherwise, economic imbalance is created. Similarly, we had to have in mind that a loan taken but somebody is the asset of somebody else. Asset on which they expect a return above inflation’, said Adrian Codirlasu. The three-month ROBOR index, on the basis of which the cost of consumer loans in lei with variable interest rates is calculated, fell on Wednesday to 6.50% p.a. from 6.51% p.a. in the previous session, reaching the monetary policy interest rate, according to data published by the National Bank of Romania (NBR). As for the reference index for consumer credit (IRCC), regulated by GEO 19/2019, it is 6.06% per annum, calculated as the arithmetic average of daily interest rates on interbank transactions in the second quarter of 2025, the highest level recorded so far by the latter.
Education at AISB is stepping into the future. The American International School of Bucharest (AISB) proudly announces the launch of the Global Impact Diploma (GID), a groundbreaking academic pathway that empowers students to create real-world change while excelling in their studies. Offered at only four other schools worldwide, the GID places AISB among a pioneering […]
The largest event in the country dedicated to animation film begins in Bucharest, where the public is invited to visit a host of art galleries that are open afterhours this weekend.
South Korean ambassador Kap-soo Rim will host a reception at the Bucharest National Theater on Friday, October 3, to mark the National Foundation Day and Armed Forces Day of the Republic of Korea. The reception is also in honor of the 35th anniversary of Korea-Romania bilateral relations. In the last three years, the two countries […]
Romania has reported an outbreak of bluetongue disease in cattle in the southwest of the country, according to an announcement from the World Organisation for Animal Health made on Wednesday, October 1. There are numerous variants of the virus. Serotype 3 of the disease was detected in 10 animals from four farms and households in […]
One United Properties, one of the largest real estate developers in Romania, has begun construction work on two schools located within the One Academy Club and One Lake District developments, which will accommodate over 1,000 children. These projects benefit from an investment of approximately EUR 19 million. The developer has also already identified land for […]
Genezio, a Romanian AI startup, announced the launch of a new Conversational AI Optimization platform, a tool designed to help companies understand and improve how generative AI systems perceive and describe their brands, during the technology conference How to Web. The new tool comes as traditional digital marketing campaigns and SEO techniques no longer suffice […]
