Kuwait March bank lending growth picks up slightly

Sun May 5, 2013 4:01am EDT

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May 5 (Reuters) - Kuwait's M2 money supply growth slowed to
8.5 percent year-on-year at the end of March from 9.1 percent in
February, central bank data showed on Sunday. 
    Growth in bank lending to the private sector picked up
marginally, to 3.1 percent from February's 13-month low of 3.0
percent.   
    
KUWAIT MONEY SUPPLY           END-MAR 13  END-FEB 13  END-MAR 12
  M1 change yr/yr (pct)           16.5        15.2         2.4
  M2 change yr/yr                  8.5         9.1         5.2
    M2-M1 pct change yr/yr         6.1         7.2         6.1
  Bank private sector claims yr/yr 3.1         3.0         3.6
   
KUWAIT C.BANK FOREIGN ASSETS   
    bln dinars                     8.032       8.352       6.790
    change yr/yr (pct)            18.3        18.5         3.5 
    NOTE. Percentage changes are Reuters calculations based on 
official data.
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A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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