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South Africa Lending Rate
Last Release
Dec 31, 2024
Actual
11.25
Units In
%
Previous
11.5
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
25.5 Aug 1998 | 5 Jan 1950 | 11.57 % | 1950-2024 | South African Reserve Bank |
In South Africa, 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 Lending Rate History
Last 12 readings
