Tuesday 21, January 2014 by Robin AmlĂ´t

Kuwait: Credit growth likely at eight per cent in 2013 despite weaker November

NBK's latest Economic Update says credit growth in Kuwait moderated due to a weaker November, but remained on track to record solid growth in 2013. The weaker November gain in credit was not surprising as it followed three months of strong growth. The non-financial business sector was particularly weak during the month while consumer lending growth continued to moderate.

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