SA’s credit growth in February rises to 5.09% year-on-year

Growth in private sector credit in South Africa in February quickened to 5.09% year-on-year from 5.01% in January, central bank data showed on Monday.

Expansion in the broadly defined M3 measure of money supply rose to 7.69% in February from 7.02% in January.

Source: moneyweb.co.za