Appetite for credit uptake at microlenders
Outpacing uptake at commercial banks
Private sector credit extension growth stood at 2.6% year-on-year at the end of January 2023 compared to 4.2% at the end of December 2022
Credit extended to the private sector from microlenders has outpaced credit uptake from commercial banks for most of the post-pandemic period, Simonis Storm said.Microlending credi
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