Households drive N$119.2bn private sector credit
Accounting for N$66 billion
Growth in private sector credit extension edged slightly lower to 2.7% at the end of July 2023, from 3.0% recorded in June 2023.
Households were the main driver of N$119.2 billion credit extended to the private sector in July, accounting for N$66 billion, according to data provided by the Bank of Namibia (Bo
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