Credit demand picks up in December
Demand for private sector credit rose for a sixthconsecutive month in December, buoyed by improving demand from SA corporates that have been reluctant to take on debt during the pandemic.
Private sector credit extension rose 2.6% year on year in December, from 2.5% in the prior month, its fastest pace of growth since February, and in line with economists’ expectations. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Credit demand picks up in DecemberPrivate sector credit extension accelerated to 2.6% year on year in December, in line with expectations, from 2.5% growth in November
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Credit demand picks up in DecemberPrivate sector credit extension accelerated to 2.6% year on year in December, in line with expectations, from 2.5% growth in November
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