Lending Rate in South Africa remained unchanged at 10 percent in November from 10 percent in October of 2019. source: South African Reserve Bank

Lending Rate in South Africa averaged 11.59 percent from 1950 until 2019, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5 percent in February of 1950. This page provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Lending Rate - values, historical data and charts - was last updated on November of 2020.

Lending Rate in South Africa is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in South Africa to stand at 10.25 in 12 months time. In the long-term, the South Africa Lending Rate is projected to trend around 10.50 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
South Africa Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 25.50 5.00 1950 - 2019 percent Monthly

South Africa Money Last Previous Highest Lowest Unit
Interest Rate 3.50 3.50 23.99 3.50 percent [+]
Money Supply M0 295221.00 302934.00 307663.00 415.00 ZAR Million [+]
Money Supply M1 2121471.00 2142654.00 2142654.00 1482.00 ZAR Million [+]
Interbank Rate 3.34 3.34 16.96 3.33 percent [+]
Money Supply M2 3399239.00 3446316.00 3446316.00 2887.00 ZAR Million [+]
Money Supply M3 4100686.00 4154403.00 4154403.00 4796.00 ZAR Million [+]
Foreign Exchange Reserves 53658.00 54420.00 57876.00 5316.00 USD Million [+]
Banks Balance Sheet 6502826.00 6534938.00 6619177.00 114781.00 ZAR Million [+]
Loans to Private Sector 3953273.00 3987967.00 4054071.00 4051.00 ZAR Million [+]
Deposit Interest Rate 4.22 4.37 21.60 4.22 percent [+]
Lending Rate 10.00 10.00 25.50 5.00 percent [+]
Central Bank Balance Sheet 963580.00 1015089.00 1087533.00 543.00 ZAR Million [+]


South Africa Lending Rate
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.