Overall Total credit extended to the private sector increased by N$937.1 million or 1.1% in February, bringing the cumulative credit outstanding to N$87.21 billion. This is a slight uptick in the annual growth rate which has increased to 9.0% from 8.5% in January. The increase was driven by increases in… Continue reading
Overall Total credit extended to the private sector increased by N$471.8 million or 0.6% in January, bringing the cumulative credit outstanding figure to N$86.3 billion. Annual growth in PSCE continued to decelerate, coming down to 8.5% compared to the January figure of 8.9%. Over the last twelve months a net… Continue reading
Overall Total credit extended to the private sector increased by N$173.3 million or 0.20% in December, bringing the cumulative credit outstanding figure to N$85.80 billion. Annual growth in PSCE continued to decelerate, coming down to 8.9% compared to the November figure of 9.4%. Over the last twelve months a net… Continue reading