China's central bank kept its benchmark lending rates unchanged as Beijing manages a balancing act of supporting a slowing economy while maintaining currency stability.

South Africa’s central bank seeks to replace prime, the main reference commercial banks use to price trillions of rands of loans, with its benchmark interest rate.

The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.

Understand the differences between the prime rate and discount rate, how each affects borrowing costs, consumer loans, and the role of the Federal Reserve.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank, National Association (Nasdaq: FITB) today announced it will decrease its prime lending rate to 6.75%, effective immediately. The rate was last changed ...

JOHANNESBURG, Feb 17 (Reuters) - South Africa's central bank wants to scrap the country's prime lending rate as soon as next year to make its main monetary policy rate the reference point in financial ...

All of the usual factors, notably your risk profile, will still be at play. But the enhanced transparency could conceivably lead to lower rates in some cases as the reform would mean that banks have ...

PITTSBURGH, Sept. 17, 2025 /PRNewswire/ -- PNC Bank, N.A. announced a decrease in its prime lending rate. The new rate of 7.25% is effective tomorrow, Sept. 18, 2025. PNC Bank, National Association, ...

TOKYO, July 31 (Reuters) - Japan's largest lender Mitsubishi UFJ Bank will raise its short term prime lending rate for the first time in 17 years after the Bank of Japan hiked short term interest ...

The SA Reserve Bank says it would prefer that banks set loan pricing at a premium above its main policy rate, commonly known ...