What are Lesotho’s interest rates?

Prime lending interest rates have remained stable over the year 2013 to February 2014 at around 9.9 percent having come down from around 12.0 percent in the last three years.

Following the recent global financial crisis, lending rates have remained relatively attractive for private sector borrowing and investment.

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About LNDC

The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies.

“The mandate of the Corporation is to initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.”  more...

Contact us

Lesotho National Development Corporation
Block A, Development House, Kingsway Street
Maseru, Lesotho, 100


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