insert_link Business / Economics Private Sector Credit Growth Accelerates to Pre-Pandemic Levels . Private sector credit grew by 5.7% year-on-year in June, up from 4.1% in May—the fastest pace since early 2020. Corporate credit surged 10.6%, fueled by strong activity in mining, energy, retail, and manufacturing sectors. Overdrafts jumped 17.4%, driven largely by real estate development and rising consumer demand, explained Simonis Storm economist Almandro Jansen. today5 August, 2025
insert_link Business / Economics Corporate Borrowing Drives PSCE Growth Private Sector Credit Extension accelerated to 4.0% year-on-year in December 2024, the highest level since early 2023. The increase was fueled by stronger corporate credit demand, while household borrowing remained stagnant. Simonis Storm economist Almandro Jansen: today5 February, 2025
