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Prime Lending Rate Change
Super Contributor

Prime Lending Rate increases by 0.25%

Following the Bank of Namibia’s Rate increase from 6.00% to 6.25%. Standard Bank Namibia announces an increase of 0.25% in both its Prime Lending and Home Loan Base Rates with effect from 18 February 2015.

Prime: From 9.75% to 10.00%
Home Loan Base: From 10.75% to 11.00%

For more information, please contact your local Standard Bank branch.