FirstRand Namibia FY20 Initial Impression
Overall Total credit extended to the private sector (PSCE) decreased by N$476.2 million or 0.46% m/m in July, bringing the cumulative credit outstanding to N$102.24 billion. On a year-on-year basis, private sector credit increased by 1.9% y/y in July, compared to 2.3% y/y in June. This represents the second-lowest level… Continue reading
Overall Total credit extended to the private sector (PSCE) increased by N$408.0 million or 0.40% m/m in June, bringing the cumulative credit outstanding to N$102.69 billion. On a year-on-year basis, private sector credit increased by 2.5%y/y in June, compared to 1.8% y/y in May. Although a slight uptick from the… Continue reading