Wednesday, October 7, 2026
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Lesotho

SBL reduces prime lending rate

Standard Lesotho Bank (SBL) has decreased its prime lending rate will from 10.25% to 10.00%, effective from 27 November 2025.

This in line with the Central Bank of Lesotho’s recent decision to reduce the CBL rate from 6.75% to 6.50%.

In a statement, SBL also announced that deposit rates would also reduce with effect from the same date.

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