Overall Total credit extended to the private sector increased by N$586.1 million or 0.7% m/m in May, bringing the cumulative credit outstanding to N$87.95 billion. On a year on year basis, credit extended grew by 8.2%, though slightly higher that the8.1% recorded in April, it remains of the slowest growth… Continue reading
Overall Total credit extended to the private sector increased by N$113.7 million or 0.13% m/m in April, bringing the cumulative credit outstanding to N$87.36 billion. On a year on year basis, credit extended grew by 8.1%, the slowest growth recorded since mid-2010. On a rolling 12-month basis, N$6.51 billion worth… Continue reading
Overall Total credit extended to the private sector increased by N$34.4 million or 0.04% in March, bringing the cumulative credit outstanding to N$87.25 billion. This is the slowest monthly growth in credit extension since July 2011. On a year on year basis growth in PSCE of 8.5% was recorded, the… Continue reading