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Qatar bank lending growth picks up in December

Feb 2 (Reuters) - Annual bank credit growth in Qatar picked
up in December while the M2 money supply measure shrank for an
11th straight month, central bank data showed on Thursday.
        
QATAR MONEY SUPPLY     END-DEC 16  END-NOV 16  END-DEC 15   
 M1 change yr/yr (pct)        1.1        -0.3         2.1
 M2-M1 yr/yr                 -6.4        -5.7         3.9
 M2 change yr/yr             -4.6        -4.4         3.4
 Total credit yr/yr          12.6        10.4        12.7 
 
QATAR C.BANK NET FOREIGN RESERVES
 bln riyals                 113.9       124.1       133.9 
 change yr/yr (pct)         -14.9       -10.5       -13.8 
    NOTE - Percentage changes are calculations by Reuters.

 (Reporting by Andrew Torchia; Editing by Louise Ireland)
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