Loading...

Dec credit growth quickens to 10.28%

Jan 29 2016 09:39

Johannesburg - Growth in private sector credit demand in South Africa quickened to 10.28% year-on-year (y/y) in December, Reserve Bank data showed on Friday.

Credit extension grew 9.53% in November from a year earlier.

Growth in the broadly defined M3 measure of money supply also quickened to 10.44% year-on-year in December.

It was 9.35% y/y in November.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

credit growth  |  economy

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about...

Calling all social entrepreneurs - apply for The Venture now!

Are you running an innovative social business that's helping to create a better future? Then pitch for a share of The Venture’s $1m fund and receive world-class mentorship to help accelerate your business growth.
 

Money Clinic

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

Voting Booth

Pick n Pay launches new website for easier online shopping

Previous results · Suggest a vote

Loading...