Robor rates drop slightly as Romanian lending costs ease

Business Forum
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday, down from 6.22% in the previous session, according to data published by the National Bank of Romania (BNR).

At the beginning of this year, the index stood at 5.92% per annum.

The six-month index, used in calculating interest rates for mortgage loans in lei with variable interest rates, dropped to 6.34% per annum from 6.36%, while the 12-month Robor fell to 6.55% from 6.57%.

The reference index for consumer loans (IRCC) currently stands at 6.06% per annum.

RECOMMENDED
CEC Bank gets rating upgrade from Fitch
Finance

CEC Bank gets rating upgrade from Fitch

Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.

Romanian leu hits new historic low against euro
Finance

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.

RECOMMENDED FROM THE HOME PAGE
Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  29 May, 2026 at 6:02 PM