Figures highlight slower lending growthFriday 30 March 2007 15.47
Figures from the Central Bank show the pace of lending growth continued to slow in February.
Total private sector credit grew at an annual rate of 24.8%, down from 25.5% in February, the lowest increase since August 2004.
Residential mortgage lending also slowed for the seventh month in a row, from 25% in January to 24.6% in February.
But the Central Bank said it was too early to say whether higher interest rates and a cooling in the housing market were responsible as mortgage lending was usually weaker in the early months of the year.
Credit card indebtedness rose at an annual rate of 18.6%, up from 17.9% in January.