Sustainable Social Economic Empowerment

Growth (%) 6.0 Private Sector Credit Growth GO 調 BANK Growth in private sector credit in the period January to August 2021 (available data) remained moderate, at an average rate of 7.7% compared to 8.1% in in a similar period last year. 12.0 PRIVATE SECTOR CREDIT GROWTH (YOY, %) 9.7 9.4 10.0 8.2 8.4 7.6 7.7 8.0 7.7 7.7 7.1 6.7 7.0 Most of the lending has been to households and working capital for enterprises. We project overall credit growth to remain on average around the current level into the close of December 2021. 4.0 2.0 0.0 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 6.0 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21

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