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Annual growth in resident Private Sector Credit Extension (PSCE) stood at 4.1% in Jan ’25, up from 4.0% in Dec ’24, and up from 2.4% in Jan ‘24. This is the highest annual growth rate experienced since Dec ‘22 (4.2%). On a monthly basis, resident PSCE increased by 0.7% (NAD764.8 million), with businesses the main contributor. Overall, total resident private sector credit now stands at NAD117.9 billion.