Why Don't Banks Lend to Egypt's Private Sector?

Bank credit to Egypt's private sector decreased over the last decade, despite a recapitalized banking system and high rates of economic growth. Recent macro-economic turmoil has reinforced the trend. This paper explains the decrease based on credit supply and demand considerations by 1) present...

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Bibliographic Details
Main Authors: Herrera, Santiago, Hurlin, Christophe, Zaki, Chahir
Language:en_US
Published: Elsevier 2013
Subjects:
Online Access:http://hdl.handle.net/10986/13458