Credit uptake slows in May as borrowing cost and inflationary pressures persist

WIRE — Business Reporter THE credit environment remained broadly stable in May 2026, although growth slowed slightly. Private sector credit extension (PSCE) increased marginally by 0.1% month-on-month (m/m) in May, while annual growth eased to 4.3% year-on-year (y/y) from 4.8% y/y in April. This slowdown was driven primarily by weaker corporate borrowing activity, with corporate credit growth ... The post Credit uptake slows in May as borrowing cost and inflationary pressures persist appeared first on Informanté.

"We aggregate wires to encourage regional discovery, sending readers directly back to the original source to explore full coverage."

This is a normalized overview of the breaking feed event. The complete, official release detailing all points, background context, and statements remains hosted by the original publisher.