South Africa’s Bank Lending Rate was reduced to 7.75 % per annum in April 2020. South Africa’s Bank Lending Rate data is updated daily, averaging 10.250 % per annum from December 1948 to 26 April 2020. The lending rate reached an all-time high of 25.5 % per annum in 18 Oct 1998 and a record low of 4.5 % on 16 Oct 1949.

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