Interest spread, which is the difference between interest rate on loans and deposits reached 3.23% in 2021 in South Africa, according to the National Central Bank. This is 14.1% more than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in South Africa reached an all time high of 6.33% in 1982 and an all time low of 1.71% in 1989.
South Africa has been ranked 67th within the group of 88 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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