Company debt stock reaches N$46 billion
2.1% year-on-year increase
The growth in credit uptake was primarily driven by increased corporate demand.
In August 2024, private sector credit extension (PSCE) in Namibia rose moderately to 2.1% year-on-year (y/y), up from 1.8% y/y in July 2024, though slightly lower than the 2.2% y/y
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