Key data points
Last release
—
Observation period
Nov 2024
Next release
—
Forecast
—
Highest
25.50 % on Sep 30, 1998
Lowest
5.50 % on Jun 30, 1964
About South Africa Bank Lending Rate
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.