Bahrain loan, credit issuance up 6.7per cent to BD9.9billion
Manama, Sept. 8 -- The total value of outstanding loans and credit facilities provided by retail banks in Bahrain reached BD9.816.6 billion at end of July 2019 compared to BD9.203 billion at the end of July 2018, an increase of 6.7%.
This amount includes loans and facilities provided to the business sector amounting to BD5,172.5 million at the end of July 2019 compared to BD4,912 .9 million at the end of the same period last year.
The Central Bank of Bahrain (CBB) monthly statistics for July 2019 indicated an overall improvement in monetary and banking indicators.
Money supply (M3) increased significantly, reaching BD13,363.3 million as at end of July 2019, compared to BD12,314.1 million as at the same period-end last year, an increase...
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