DUBAI- Qatar's central bank approved the postponement of loan installments and interest for six months for sectors affected by the coronavirus pandemic, it said in a statement on Wednesday.

The decision also "stipulates that the repo window be reduced, to be at a zero rate, to be used by banks to postpone loan installments," the bank said.

The bank also cancelled fees on points of sale transactions and ATM withdrawals, it said.

(Reporting by Alaa Swilam; writing by Yousef Saba; editing by Jason Neely) ((Yousef.Saba@thomsonreuters.com; +971562166204))