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Commercial finance commitments rise

Staff Reporter 1 minute read

The total value of commercial finance commitments rose in November 2007, figures released today by ABS have revealed.

According to the data, total commercial finance commitments (seasonally adjusted) rose by 8.1 per cent to reach $45,760 million.

The ABS attributed the increase to a 12.9 per cent rise in fixed lending commitments as well as a 0.7 per cent increase in revolving credit commitments.

Published: 21-01-08

 

Commercial finance commitments rise
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