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Banks in P90.79 billion household debt

-           P39 billion of the credit is unsecure

-           UK research firm forecasts escalating credit in the household sector

STAFF WRITER

The household and business sector in this country currently owes commercial banks a total of P90.79 billion, according to new data recently released by Bank of Botswana.

A breakdown of figures indicates that households in Botswana owe banks P57.41 billion while the remaining P33.38 billion is owed by the business sector.

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