On the Johannesburg Stock Exchange, the Top-40 index was up 0.4% in early trading. On Thursday, 15 January, the rand is ...

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 ...

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

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

Changing the prime interest benchmark may alter optics and signalling, but it will not reduce borrowing costs in any durable way, writes Stuart Theobald.

"For years up to this day, the nation’s largest banks appear to have fixed their prime rates," Patrick McGahan of Scott + Scott, counsel for the plaintiffs, claimed. A nationwide class action accuses ...

Tennessee's interest rate ceiling is set at 10.75% by Commissioner Gonzales, adjusting with the prime rate, affecting loan costs for residents and businesses.

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...

City National Bank, member FDIC, is a subsidiary of Royal Bank of Canada (RBC), and the largest bank headquartered in Los Angeles with $98 billion in assets as of October 31, 2025. Founded in 1954, ...