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Credit News

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The data points to an increase in total loans and advances to households on a month-on-month basis.

Data released by the South African Reserve Bank shows that private sector credit in the country increased by 4.9% year-on-year in August 2024, from a five-month low of a 3.5% rise in the previous month.

The data points to an increase in total loans and advances to households on a month-on-month basis in August.

 

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