Mozambique keeps Prime Lending Rate unchanged at 15.50%
The Prime Lending Rate (the benchmark rate for commercial loans) in Mozambique will remain unchanged at 15.50% in June, for the second consecutive month, following three previous cuts this year, the Mozambican Banking Association (AMB) announced on Friday. Since January 2024, the rate, known as the Prime Rate, had been declining progressively after remaining at… Source
Black News 
The Prime Lending Rate (the benchmark rate for commercial loans) in Mozambique will remain unchanged at 15.50% in June, for the second consecutive month, following three previous cuts this year, the Mozambican Banking Association (AMB) announced on Friday. Since January 2024, the rate, known as the Prime Rate, had been declining progressively after remaining at…
