South Africa Bank Lending RateSS

South Africa Bank Lending Rate

10.75%R
As of May 29, 2025
%
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Key data points


Last release
May 29, 2025
Observation period
May 2025
Next release
In 5 days
Forecast
Highest
25.50% on Sep 30, 1998
Lowest
5.50% on Jun 30, 1964

About South Africa Bank Lending Rate


Category
Consumer
Frequency
Monthly
Units
%
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.