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South Africa Bank Lending Rate

Last Release
Nov 21, 2024
Actual
11.25
Units In
%
Previous
11.5
Frequency
Monthly
Next Release
Jan 24, 2025
Time to Release
2 Months 1 Days 15 Hours
Highest
Lowest
Average
Date Range
Source
25.5
Aug 1998
5.5
Dec 1962
12.01 %1957-2024South African Reserve Bank
In South Africa, the bank lending rate refers to commercial banks prime overdraft rate. It is a benchmark rate priced at 3.5 basis points above the repurchase rate and it is used by banks to price the lending rates offered to clients at either above or below the benchmark rate.

South Africa Bank Lending Rate History

Last 12 readings

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