Overall Private sector credit (PSCE) declined by N$305.1 million or 0.29% m/m in December, bringing the cumulative credit outstanding to N$106.4 billion. PSCE increased by just 1.0% y/y in 2021, following an already slow increase of 1.6% y/y in 2020, and the slowest increase on our records dating back to… Continue reading
Overall Private sector credit (PSCE) increased by N$337.1 million or 0.32% m/m in November, bringing the cumulative credit outstanding to N$106.7 billion. On a year-on-year basis, private sector credit increased by 1.56% in November, down from growth of 2.69% y/y in October. On a 12-month cumulative basis N$1.64 billion worth… Continue reading
Overall Private sector credit (PSCE) increased by N$700.0 million or 0.66% m/m in October, bringing the cumulative credit outstanding to N$106.4 billion. On a year-on-year basis, private sector credit increased by 2.69% in October, down slightly from growth of 2.74 % y/y in September. On a 12-month cumulative basis N$2.79… Continue reading