Overall Private sector credit (PSCE) increased by N$1.24 billion or 1.2% m/m in December, bringing the cumulative credit outstanding at the end of 2019 to N$103.7 billion. On a year-on-year basis, private sector credit increased by 6.9% in December, increasing at a quicker rate than the 5.9% recorded in November…. Continue reading
Overall Private sector credit (PSCE) increased by N$586.8 million or 0.58% m/m in November, bringing the cumulative credit outstanding to N$102.5 billion. On a year-on-year basis, private sector credit increased by 5.92% in November, somewhat slower than the 6.14% growth rate recorded in October. On a rolling 12-month basis, N$5.7… Continue reading
Overall Private sector credit (PSCE) increased by N$510.1 million or 0.5% m/m in October, bringing the cumulative credit outstanding to N$101.9 billion. PSCE grew at a slower pace of 6.14% y/y in October compared to 6.24% y/y in September. On a rolling 12-month basis N$5.89 billion worth of credit was… Continue reading