Credit to the private sector: growth of 8.5% in April
Published on Tuesday, June 24, 2014 | Updated on Tuesday, June 24, 2014
Credit to the private sector: growth of 8.5% in April
In April 2014, credit granted by commercial banks to the private sector posted a nominal annual growth of 8.5%. This growth was slightly lower than revised figures for growth in March 2014 (8.7%) and in April 2013 (11.6%). On average, over the first four months of the year, credit available to the private sector reported a growth of 8.8%, less than the January-April 2013 average (12.0%)