Bank Lending Rate in South Africa remained unchanged at 10.25 percent in January. Bank Lending Rate in South Africa averaged 12.00 percent from 1957 until 2026, 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. source: South African Reserve Bank
Bank Lending Rate in South Africa is expected to be 10.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Prime Overdraft Rate is projected to trend around 9.50 percent in 2027 and 9.00 percent in 2028, according to our econometric models.