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Annual growth in resident Private Sector Credit Extension (PSCE) stood at 4.5% in Apr ‘25, a slight decrease from 5.0% in Mar ‘25, but notably higher than the 1.6% recorded in Apr ‘24. On a monthly basis, resident PSCE increased by 0.1%, down from the 0.6% growth observed in the previous month. Businesses continue to be the main contributors to credit growth, expanding by 7.1% y/y, while household growth declined slightly to 2.7% y/y. In total, resident private sector credit now amounts to NAD118.4bn.