Business / Economics
today5 March, 2025
Local Private Sector Credit Extension surged to 4.1% in January this year, its fastest pace since early 2023. The growth is driven by stronger corporate lending, signaling renewed confidence, while household credit demand remains subdued. Almandro Jansen is an economist at Simonis Storm:
Written by: Leonard Witbeen
4.1% growth Almandro Jansen corporate lending credit dynamics Credit Extension economic confidence Economic Growth fastest pace financial market trends household credit demand January 2025 Local Private Sector Credit Extension Namibia Economy Simonis Storm subdued demand
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