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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
KuwaitKuwait Private Bank Lending YoY climbed to 4.65% in December 2024
FMPMonthlyReleased January 2025
Kuwait Private Bank Lending YoY climbed to 4.65% in December 2024, released January 2025, up 0.58% from November's 4.07% reading. The reading matched the 4.6% consensus. Private Bank Lending YoY has now risen for 3 consecutive months. Over the past 3 months, Private Bank Lending YoY averaged 4.13%, vs 3.78% in the prior 3-month window. Private Bank Lending YoY is now the highest in 15 months.
Latest Release
4.65
Actual
4.6
Consensus
4.07
Previous
Median Absolute Error
±0.27 percentage points
across last 5 releases
Last Call
Jan 2025
Predicted: 4.47
Actual: 4.65
Error: -0.19
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Private Bank Lending YoY (Kuwait) was reported at 4.65% in January 2025. This beat the market consensus of 4.6% by 0.05%. The reading rose from the previous value of 4.07%.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 4.17%, up from the prior three at 4.03%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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Private Bank Lending YoY - KW
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About Private Bank Lending YoY — Kuwait
DEFINITION
Private Bank Lending YoY is a financial indicator that measures the year-over-year change in the amount of loans and credit extended by private banks. This indicator provides insight into the overall health and growth of the private banking sector, as well as the availability of credit for businesses and individuals. It is often used by investors and economists to assess the strength of the economy and make informed financial decisions. A positive YoY change in private bank lending indicates a growing economy, while a negative change may suggest a slowdown.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2024): actual 4.65 %, consensus 4.6 %. Prior reading (Nov 2024): 4.07 %. Before that (Oct 2024): 3.79 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.