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?

BEIJING -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Friday, ...

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

FirstRand, Standard Bank, ABSA and Nedbank, four of SA’s largest mortgage providers, say they’ll work with regulators on ...

COLUMBUS, Ohio, Dec. 10, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.00 percent to 6.75 percent, effective December 11, ...

The Competition Commission of South Africa is investigating the prime lending rates, sparking mixed reactions from industry ...