Search

FNB confirms that it will reduce its prime lending rate to 10%

By Janice Roberts at New Media
28 March 2018 • 1 min read

Jacques Celliers, CEO, FNB

Following the South African Reserve Bank’s decision to cut interest rates by 0.25%, FNB confirms that it will reduce its prime lending rate to 10%. The new rate will be applied to all prime-linked loans from Thursday, 29 March. (more…)


Subscribe to our free newsletter

Stay at the forefront of financial advisory excellence with MoneyMarketing's weekly insights. As a professional adviser, you'll receive carefully curated content that enhances your practice and client relationships without cluttering your inbox. Our commitment to delivering only relevant, actionable intelligence helps you make informed decisions that drive your business forward. Join our community of leading financial professionals today and transform your practice with our complimentary newsletter—because your success is our priority.

 
Previous Article
Rate cut will help to strengthen consumer and business confidence
Next Article
SARS collects R1 216.6 billion in the financial year 2017/18

Related articles