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South Africa Bank Lending Rate

Bank Lending Rate in South Africa

Indicator Data Period
Bank Lending Rate 11.75 % Sep/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 remained unchanged at 11.75 % in September 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
11.75 Sep/23 21.09.2023
11.75 Jul/23 20.07.2023
11.75 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


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 Oct/23 8.34 % 8.34
Interest Rate Sep/23 8.25 % 8.25
Loans to Private Sector Aug/23 241.395 B USD 241.638
Money Supply M1 Aug/23 137.692 B USD 136.938
Central Bank Balance Sheet Sep/23 64.685 B USD 64.758
Deposit Interest Rate Jul/23 6.81 % 6.8
Foreign Direct Investment 2Q/23 2860.886 B USD 27.584

Bank Lending Rate in other countries

Country Updated Actual Previous
Egypt Aug/23 18.7 % 18.2
Kenya Jul/23 13.5 % 13.31
Tanzania Jul/23 13.19 % 13.11
South Africa Sep/23 11.75 % 11.75
Ghana May/18 34.5 % 35.5
Angola Aug/23 20.15 % 21.07
Botswana Jul/23 6.76 % 6.76