• The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

  • Web of dependency

    Zupta defenders are playing cat and mouse with ratings agencies, says Solly Moeng.

All data is delayed
Loading...
See More

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

 
 
 
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

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

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...