Commercial credit demand declines amid market uncertainty

By Yajush Gupta · 2 November 2023 · News

Commercial credit demand declines amid market uncertainty

Commercial credit demand plummets in Q3: What's behind the drop?

Market uncertainty is taking its toll on businesses, with commercial credit demand experiencing its largest year-on-year decline since 2021. Will this trend continue, or is a rebound on the horizon?

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Summary

Commercial credit demand fell by 5.2% in Q3, marking the largest year-on-year drop in demand since 2021