Bank Lending Rate in South Africa remained unchanged at 10.50 percent in May from 10.50 percent in April of 2017. Bank Lending Rate in South Africa averaged 12.35 percent from 1957 until 2017, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5.50 percent in December of 1962. In South Africa, the Prime lending rate is the average rate of interest charged on loans by major commercial banks to private individuals and companies. This page provides – South Africa Prime Overdraft Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
May 27, 2017 at 03:08PM
from South African Reserve Bank
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