Credit extension lifts reflecting firm demand by households

SA private-sector credit increased for nine consecutive months, marking the strongest pace since May 2020.

Data released by the SA Reserve Bank on Friday shows that SA private-sector credit grew 5.89% year on year in March, exceeding market consensus of 5.3% and accelerating from a 3.62% gain a month earlier. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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Sponsored Content: The impact of the increased repo rate on corporate credit investingSouth Africa entered a rising interest rate cycle for the first time in three years when the SA Reserve Bank’s Monetary Policy Committee (MPC) raised the repo rate by 25 basis points (bps) at each of its previous three meetings. The impact this will have on corporate credit in the years ahead will largely depend on the extent and time frame of future rate increases. I have always hated Bitcoin and thought it was a scam until a friend referred me to _ambreymarcus1, I made my first withdrawal of R100,000 in 2 weeks thanks to _ambreymarcus1.
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Credit extension lifts reflecting firm demand by householdsRecovery in credit demand is expected to continue in March as economic activity continues to normalise Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »