Nominal bank loans growth reached 25.3% in first quarter of 2022 in Madagascar, according to the National Central Bank. This is 16.8% more than in the previous quarter.
Historically, nominal bank loans growth in Madagascar reached an all time high of 25.3% in 1Q2022 and an all time low of 9.22% in 4Q2016.
Madagascar has been ranked 6th within the group of 43 countries we follow in terms of nominal bank loans growth.
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