Tuesday, July 31, 2007

Botswana June credit growth slows, still over target

(Reuters) - Botswana credit demand growth slowed to 17.5 percent year-on-year in June, but remained above the central bank's target range, official data showed on Tuesday.

The central bank said growth in commercial bank credit eased from 20.6 percent year-on-year in May, largely due to a sharp decline in credit growth to the business sector.


Read more at Reuters Africa

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