South Africa Prime Overdraft Rate
Bank Lending Rate in South Africa remained unchanged at 9 percent in July of 2014 from 9 percent in June of 2014. Bank Lending Rate in South Africa averaged 12.47 Percent from 1957 until 2014, 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. Bank Lending Rate in South Africa is reported by the South African Reserve Bank.
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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.