Posts Tagged ‘prime overdraft rate’

Prime Interest Rate in South Africa

Saturday, May 2nd, 2009

This page shows the current prime interest rate, as well as a graph and table of the prime interest rates in South Africa, since 1948. The prime interest rate was last updated on . The current prime interest rate is %. Prime Interest Rate Graph This is a graph of the prime interest rates in […]

What is the Prime Rate?

Tuesday, April 14th, 2009

The prime interest rate, prime lending rate, or prime overdraft rate, is a reference interest rate commercial banks use when issuing variable interest rate loans to their customers. Prime interest rate When you borrow money from a bank, the interest rate that you will be charged by the bank, is usually specified in terms of […]