Interest spread, which is the difference between interest rate on loans and deposits reached 3.39% in third quarter of 2015 in South Africa, according to the National Central Bank. This is 7.50% more than in the previous quarter.
Historically, interest spread, which is the difference between interest rate on loans and deposits in South Africa reached an all time high of 6.34% in 1Q1999 and an all time low of 1.50% in 2Q1990.
South Africa has been ranked 71st within the group of 93 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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