Businesses boost credit uptake during May
The cost of borrowing increased in June
Private Sector credit Extension (PSCE) growth increased to 4.5% at the end of May 2022 relative to the 3.8% at the end of April 2022.
Businesses in the commercial and retail services sectors as well as the commercial rental property space were the main drivers of credit uptake during May 2022.According to the Ban...
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