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Robert C

1 reviews | Active since Mar 2009

04 Apr 2017, 15:37

Do you know about an interest rate cut in South Africa

<p>I see the interest rate on my 32 day notice deposit accounts has dropped. There has been no movement from the SARB on the REPO rate in 2017 yet the rate on the 32 day notice account has dropped by 90 basis points. That means the 90 basis point drop in the rate paid to customers goes straight to the bottom line of the bank. </p>

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Robert C's update25 Apr 2017, 11:00
Reviewer Update

Still no response