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Private Sector Credit Extension - September2022

Private Sector Credit Extension - September2022

Growth in private sector credit extension (PSCE) slowed to 3.1% in Sep ’22, down from 4.6% in Aug ’22, but faster than the 2.9% a year ago (making it the fastest Sep growth since ’19). Total (resident) private sector credit increased by N$4.3 billion y/y and N$351.1 million m/m to N$109.5 billion.

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