The amount marks an increase of approximately one trillion kwanzas compared to the same period last year, with private sector credit accounting for 86.2 percent of the total, while the public sector represents 13.8 percent.
The statistical information note from BNA reveals that the stock of credit to the economy, in national currency, reached 6.8 trillion kwanzas (6.42 billion euros), reflecting an increase of 1.5 trillion kwanzas compared to September 2024.
Gross credit to the non-financial sector pertains to financing granted by banks to all economic agents not belonging to the financial system, including private companies, public administration, and public enterprises.
Credit to the economy solely refers to the portion of credit granted in the national currency and directed directly at productive economic activity, excluding foreign currency operations.
The debt of the non-financial public sector was set at 1.2 trillion kwanzas (1.13 billion euros), an increase of 284.8 billion kwanzas compared to the same period last year. Meanwhile, the private sector recorded a growth of 708.3 billion kwanzas, rising from 6.6 trillion to 7.3 trillion kwanzas (6.90 billion euros), with almost 80% absorbed by companies.
Gross credit directed to the real sector of the economy reached 1.7 trillion kwanzas (1.61 billion euros), an increase of 225.6 billion kwanzas compared to the same period last year, mainly driven by the growth of the extractive industry subsector.
The manufacturing industries absorbed 734 billion kwanzas (694 million euros), while the extractive industries received 703.3 billion kwanzas (665 million euros).
Agriculture, animal production, hunting, forestry, and fishing registered a credit volume of 293.6 billion kwanzas (278 million euros), according to the central bank document.
