Following the South African Reserve Bank’s decision earlier today to leave its benchmark repo rate unchanged, FNB confirms it will maintain its prime rate at
This latest 50 basis point interest rate hike on its own has a limited dampening impact on the commercial property market. “But it brings the
The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate
Interest rates have gone up several times in the last few months in South Africa, and it looks like they will keep rising for the
Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.75%, FNB will raise its prime lending rate by 0.75%. The
On Thursday, the Monetary Policy Committee (MPC) decided to increase the repo rate by another 75 basis points (bps). The increase will see the repo
The monetary policy committee (MPC) increased the interest rate (repo rate) by 50 basis points (bps) or 0,5%. The increase will see the repo rate
The South African Reserve Bank’s decision to increase the repo rate by 50 basis points (bps) to 4.75% means that small businesses will likely have
Following the South African Reserve Bank’s (SARB’s) decision to raise its repo rate by 0.25%, FNB adjusted its prime rate by 0.25% with effect from
The Monetary Policy Committee has decided against changing the repo rate, once again keeping it at 3.5% per annum, said Reserve Bank Governor Lesetja Kganyago.
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