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South Africa Bank Lending Rate

Bank Lending Rate in South Africa

Indicator Data Period
Bank Lending Rate 11.8 % May/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     South Africa - Historical Data (%)

What is South Africa Bank Lending Rate?

  • Bank Lending Rate in South Africa increased to 11.8 % in May 2023. The maximum level was 25.5 % and minimum was 5.5 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
11.8 May/23 25.05.2023
11.25 Mar/23 30.03.2023
10.75 Jan/23 26.01.2023
10.5 Nov/22 24.11.2022
9.75 Sep/22 22.09.2022
9 Aug/22 15.09.2022
9 Jul/22 21.07.2022
8.25 May/22 19.05.2022


Historical Chart by presidents (%)

Bank Lending Rate in South Africa by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Cyril Ramaphosa 15.02.2018 - 10.0000 10.0000 10.0000 10.0000 0.00%
Jacob Zuma 09.05.2009 - 14.02.2018 11.0000 10.2500 11.0000 8.5000 -6.82%
Thabo Mbeki 16.06.1999 - 24.09.2008 18.0000 15.5000 18.0000 10.5000 -13.89%
Nelson Mandela 10.05.1994 - 16.06.1999 15.2500 19.0000 25.5000 15.2500 24.59%

Other money indicators in South Africa

Index Updated Actual Previous
Interbank Rate Jun/23 8.48 % 8.48
Interest Rate May/23 8.25 % 7.75
Loans to Private Sector Apr/23 240.271 B USD 240.022
Money Supply M1 Apr/23 134.462 B USD 133.4
Central Bank Balance Sheet May/23 67.799 B USD 63.538
Deposit Interest Rate Mar/23 6.42 % 5.96
Foreign Direct Investment 4Q/22 3576.495 B USD 633.437

Bank Lending Rate in other countries

Country Updated Actual Previous
Egypt Apr/23 17.6 % 15.9
Kenya Mar/23 13.09 % 13.06
Tanzania Apr/23 13.65 % 13.59
South Africa May/23 11.8 % 11.75
Ghana May/18 34.5 % 35.5
Angola Apr/23 14.12 % 14.34
Botswana Mar/23 6.76 % 6.76