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?
The Federal Reserve is expected to lower interest rates at the end of its two-day meeting on Wednesday. Many types of consumer loans are impacted when the Fed trims its benchmark. Here’s how a rate ...
Most new mortgages, many corporate loans are based on interbank rates, which will continue to fall, monetary authority's ...
The Competition Commission of South Africa is investigating the prime lending rates, sparking mixed reactions from industry ...
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