Overall Total credit extended to the private sector (PSCE) decreased by N$130.5 million or 0.13% m/m in March, bringing the cumulative credit outstanding to N$103.6 billion. This is the second consecutive month that we have seen a month-on-month contraction in credit extension. On a year-on-year basis, private sector credit extension… Continue reading
Overall Private sector credit (PSCE) decreased by N$264.0 million or 0.25% m/m in February, bringing the cumulative credit outstanding to N$103.8 billion. On a year-on-year basis, private sector credit extension increased by 5.87% in February, compared to 6.96% y/y in January. On a rolling 12-month basis, N$5.76 billion worth of… Continue reading
Overall Private sector credit (PSCE) increased by N$304.6 million or 0.3% m/m in January, bringing the cumulative credit outstanding to N$104.0 billion. On a year-on-year basis, private sector credit grew by 7.0% y/y in January, on par with December’s increase of 6.9% y/y. Cumulative credit extended to the private sector… Continue reading