Kuwait – Mubasher: The credit growth in Kuwait reported a 4% year-on-year increase during April 2017 in line with the decline of net loaning by KWD 14 million, according to a recent report by the National Bank of Kuwait (NBK).

The credit matured in April recorded the same value of the previous month with KWD 488 million worth monthly gains.

The commercial credit value shrank by KWD 88 million despite the 2.8% improvement in its growth when compared to April 2016, the NBK’s report.