South African Reserve Bank Governor Lesetja Kganyago suggests phasing out the prime interest rate, maintaining that greater ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

South African Reserve Bank Governor Lesetja Kganyago said he favors ending the use of prime, the main reference rate ...

The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it as a baseline depending on the risks and the credit record of borrowers.

South African Reserve Bank Governor Lesetja Kganyago says he favours ending the use of the prime interest rate in the country.

South African Reserve Bank (SARB) Governor Lesetja Kganyago has indicated that he favours ending the use of the prime lending ...

The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...

Lenders typically price loans using the prime rate as a reference, with premiums or discounts to the measure depending on the ...

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged as expected on Tuesday, even as the ...

These are today's HELOC rates. Home equity line of credit rates have drifted lower for most of the year and are currently at ...