Private sector credit grew by 11% in 2018 | The Times Group

Private sector credit grew by 11% in 2018 | The Times Group: Credit extended to the private sector went up by 11.5 percent in 2018, the Reserve Bank of Malawi (RBM) indicates.

Figures contained in the 2018 RBM Annual Report issued on Tuesday show that the figure is compared to 0.4 percent growth of private sector credit recorded in 2017.

In real terms, private sector credit grew by 1.6 percent in 2018 compared to a contraction of 6.7 percent in 2017.

“The grow

Private sector credit rebounds in March | The Times Group

Private sector credit rebounds in March | The Times Group: "Private sector credit rebounds in March
Posted By: Taonga Sabolaon: May 16, 2018In: BusinessNo Comments
Private sector borrowing rebounded in March 2018 following four consecutive months of decline, figures from the Reserve Bank of Malawi (RBM) show.

This could be partly attributed to improvements in business activity during the month of March.

In its March 2018 Monthly Economic Report released on Thursday, RBM says credit to the private sector increased by K8.2 billion to K398 billion in March 2018. This was slightly higher than K396.4 billion recorded in March 2017."



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