QNB Financial Services Monthly Banking Sector Update
The loan book increased by 1.1% MoM after declining by 1.7% MoM in August 2016, gaining by 2.0% MoM in July 2016. Deposits followed suit, growing by 2.6% MoM, declining by 3.4% MoM in August 2016. Public sector drove total credit growth with a gain of 2.2% MoM, down 5.6%…
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