Loading...
See More

Credit growth quickens to 8.31%

Jun 29 2012 08:19 Reuters

Related Articles

April credit growth eases

Private sector credit growth rises

Private sector credit growth steadies

Private sector credit growth rises

Private sector credit growth accelerates

Private sector credit growth slows

 

Johannesburg - Growth in credit demand by South Africa’s private sector accelerated more-than-expected to 8.31% year-on-year in May compared with a 7.33% rise in April, central bank data showed on Friday. 

Growth in the M3 measure of money supply rose to 6.45% on a year-on-year basis from 6.16% in April. 

Economists in a Reuters poll had expected credit extension to the private sector to quicken to 8.0% while money supply was seen easing to 6.0 %.

  
money supply  |  credit demand
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

Africa: Land of Billionaires!

Find out who are the richest of the richest in Africa!

 
 

Men24.com

Jurassic World trailer is epic!
Best bro movies 2014
Every man should be able to do these three things
Goalkeeper saves five penalties with his FACE!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...