Overall Total credit extended to the private sector increased by N$206.7 million or 0.24% in October, bringing the cumulative credit outstanding figure to N$84.60 billion. Annual growth in PSCE came down slightly, to 10.2%, versus the September figure of 11.1%. Over the last twelve months a net of N$7.85 billion… Continue reading
Overall Total credit extended to the private sector increased by N$1.15 billion or 1.4% in September, bringing the cumulative credit outstanding figure to N$84.39 billion. Annual growth in PSCE ticked up slightly, to 11.1%, versus the August figure of 10.8%. Over the last twelve months a net of N$8.45 billion… Continue reading
Overall Total credit extended to the private sector increased by N$949.4 million or 1.2% in August, taking total credit outstanding to N$83.2 billion. On an annual basis, PSCE growth slowed down further, increasing by 10.8% in August compared to 11.1% in July. A total of N$8.1 billion worth of credit… Continue reading