Lending Rate in South Africa remained unchanged at 10.50 percent. Lending Rate in South Africa averaged 11.42 percent from 1950 until 2026, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5.00 percent in February of 1950. source: South African Reserve Bank

Lending Rate in South Africa is expected to be 10.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Lending Rate is projected to trend around 9.50 percent in 2027 and 8.75 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 9216914.00 9079609.00 ZAR Million Jun 2026
Central Bank Balance Sheet 1272741.00 1300062.00 ZAR Million Jun 2026
Foreign Exchange Reserves 74115.00 76583.00 USD Million Jun 2026
Interbank Rate 6.86 6.86 percent Jul 2026
Interest Rate 7.00 7.00 percent Jul 2026
Lending Rate 10.50 10.50 percent Jul 2026
Loans to Private Sector 5367759.00 5355723.00 ZAR Million Jun 2026
Money Supply M0 561134.00 551651.00 ZAR Million Jun 2026
Money Supply M1 3158504.00 3140298.00 ZAR Million Jun 2026
Money Supply M2 4889290.00 4878306.00 ZAR Million Jun 2026
M3 Money Supply YoY 6109974.00 6077956.00 ZAR Million Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 10.50 25.50 5.00 1950 - 2026 percent Monthly