{"id":21279,"date":"2006-07-03T10:41:00","date_gmt":"2006-07-03T10:41:00","guid":{"rendered":"https:\/\/eces.org.eg\/?p=21279"},"modified":"2024-03-04T11:49:43","modified_gmt":"2024-03-04T11:49:43","slug":"private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/","title":{"rendered":"Private Sector Access to Credit in Egypt: Evidence from Survey Data"},"content":{"rendered":"\n<p><strong>Abstract:<br><\/strong>This study aims to investigate the extent of credit decline to the private sector in Egypt and whether it is due to supply factors (credit crunch), demand factors (credit slowdown), or other factors (e.g., crowding out). For that purpose, a detailed survey was conducted of 19 state- owned and private banks and 351 firms from various sectors. The study finds that non- interest lending criteria have been tightened and that interest rates are no longer the decisive factor in lending decisions. In addition, due to the problem of non-performing loans, banks are becoming more risk-averse as reflected by the reduction in credit and investment in more liquid and less risky assets such as treasury bills and government bonds. Consequently, Egypt is currently experiencing a credit crunch. To conclude, the paper offers a number of recommendations to improve private sector access to credit, such as resolving the problem of non-performing loans, establishing more credit bureaus and enhancing the business environment through a set of legal and judicial reforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abstract:This study aims to investigate the extent of credit decline to the private sector in Egypt and whether it is due to supply factors (credit crunch), demand factors (credit slowdown), or other factors (e.g., crowding out). For that purpose, a detailed survey was conducted of 19 state- owned and private banks and 351 firms from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":["post-21279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-working-papers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES\" \/>\n<meta property=\"og:description\" content=\"Abstract:This study aims to investigate the extent of credit decline to the private sector in Egypt and whether it is due to supply factors (credit crunch), demand factors (credit slowdown), or other factors (e.g., crowding out). For that purpose, a detailed survey was conducted of 19 state- owned and private banks and 351 firms from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\" \/>\n<meta property=\"og:site_name\" content=\"ECES\" \/>\n<meta property=\"article:published_time\" content=\"2006-07-03T10:41:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-04T11:49:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eces.org.eg\/wp-content\/uploads\/2023\/07\/W-P-111-En-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin-eces-staging\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin-eces-staging\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\"},\"author\":{\"name\":\"admin-eces-staging\",\"@id\":\"https:\/\/eces.org.eg\/#\/schema\/person\/7981d9621302fef3e6e0a1f65d658135\"},\"headline\":\"Private Sector Access to Credit in Egypt: Evidence from Survey Data\",\"datePublished\":\"2006-07-03T10:41:00+00:00\",\"dateModified\":\"2024-03-04T11:49:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\"},\"wordCount\":178,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/eces.org.eg\/#organization\"},\"articleSection\":[\"Working Papers\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\",\"url\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\",\"name\":\"Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES\",\"isPartOf\":{\"@id\":\"https:\/\/eces.org.eg\/#website\"},\"datePublished\":\"2006-07-03T10:41:00+00:00\",\"dateModified\":\"2024-03-04T11:49:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/eces.org.eg\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private Sector Access to Credit in Egypt: Evidence from Survey Data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eces.org.eg\/#website\",\"url\":\"https:\/\/eces.org.eg\/\",\"name\":\"ECES\",\"description\":\"The Egyptian Center For Economic Studies\",\"publisher\":{\"@id\":\"https:\/\/eces.org.eg\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eces.org.eg\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/eces.org.eg\/#organization\",\"name\":\"ECES\",\"url\":\"https:\/\/eces.org.eg\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eces.org.eg\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/eces.org.eg\/wp-content\/uploads\/2022\/12\/eces-logo-blue-text-beside.png\",\"contentUrl\":\"https:\/\/eces.org.eg\/wp-content\/uploads\/2022\/12\/eces-logo-blue-text-beside.png\",\"width\":1794,\"height\":324,\"caption\":\"ECES\"},\"image\":{\"@id\":\"https:\/\/eces.org.eg\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/eces.org.eg\/#\/schema\/person\/7981d9621302fef3e6e0a1f65d658135\",\"name\":\"admin-eces-staging\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eces.org.eg\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/53bfa8ab3f374bc6d5f1b8efd03ab8a47e7162e412c1b93b788f5fe73e2927fd?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/53bfa8ab3f374bc6d5f1b8efd03ab8a47e7162e412c1b93b788f5fe73e2927fd?s=96&d=mm&r=g\",\"caption\":\"admin-eces-staging\"},\"sameAs\":[\"https:\/\/eces.org.eg\"],\"url\":\"https:\/\/eces.org.eg\/en\/author\/admin-eces-staging\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/","og_locale":"en_US","og_type":"article","og_title":"Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES","og_description":"Abstract:This study aims to investigate the extent of credit decline to the private sector in Egypt and whether it is due to supply factors (credit crunch), demand factors (credit slowdown), or other factors (e.g., crowding out). For that purpose, a detailed survey was conducted of 19 state- owned and private banks and 351 firms from [&hellip;]","og_url":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/","og_site_name":"ECES","article_published_time":"2006-07-03T10:41:00+00:00","article_modified_time":"2024-03-04T11:49:43+00:00","og_image":[{"width":1792,"height":2560,"url":"https:\/\/eces.org.eg\/wp-content\/uploads\/2023\/07\/W-P-111-En-scaled.jpg","type":"image\/jpeg"}],"author":"admin-eces-staging","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin-eces-staging","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#article","isPartOf":{"@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/"},"author":{"name":"admin-eces-staging","@id":"https:\/\/eces.org.eg\/#\/schema\/person\/7981d9621302fef3e6e0a1f65d658135"},"headline":"Private Sector Access to Credit in Egypt: Evidence from Survey Data","datePublished":"2006-07-03T10:41:00+00:00","dateModified":"2024-03-04T11:49:43+00:00","mainEntityOfPage":{"@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/"},"wordCount":178,"commentCount":0,"publisher":{"@id":"https:\/\/eces.org.eg\/#organization"},"articleSection":["Working Papers"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/","url":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/","name":"Private Sector Access to Credit in Egypt: Evidence from Survey Data - ECES","isPartOf":{"@id":"https:\/\/eces.org.eg\/#website"},"datePublished":"2006-07-03T10:41:00+00:00","dateModified":"2024-03-04T11:49:43+00:00","breadcrumb":{"@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/eces.org.eg\/en\/private-sector-access-to-credit-in-egypt-evidence-from-survey-data-wp111-july-2006\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/eces.org.eg\/"},{"@type":"ListItem","position":2,"name":"Private Sector Access to Credit in Egypt: Evidence from Survey Data"}]},{"@type":"WebSite","@id":"https:\/\/eces.org.eg\/#website","url":"https:\/\/eces.org.eg\/","name":"ECES","description":"The Egyptian Center For Economic Studies","publisher":{"@id":"https:\/\/eces.org.eg\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eces.org.eg\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/eces.org.eg\/#organization","name":"ECES","url":"https:\/\/eces.org.eg\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eces.org.eg\/#\/schema\/logo\/image\/","url":"https:\/\/eces.org.eg\/wp-content\/uploads\/2022\/12\/eces-logo-blue-text-beside.png","contentUrl":"https:\/\/eces.org.eg\/wp-content\/uploads\/2022\/12\/eces-logo-blue-text-beside.png","width":1794,"height":324,"caption":"ECES"},"image":{"@id":"https:\/\/eces.org.eg\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/eces.org.eg\/#\/schema\/person\/7981d9621302fef3e6e0a1f65d658135","name":"admin-eces-staging","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eces.org.eg\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/53bfa8ab3f374bc6d5f1b8efd03ab8a47e7162e412c1b93b788f5fe73e2927fd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/53bfa8ab3f374bc6d5f1b8efd03ab8a47e7162e412c1b93b788f5fe73e2927fd?s=96&d=mm&r=g","caption":"admin-eces-staging"},"sameAs":["https:\/\/eces.org.eg"],"url":"https:\/\/eces.org.eg\/en\/author\/admin-eces-staging\/"}]}},"_links":{"self":[{"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/posts\/21279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/comments?post=21279"}],"version-history":[{"count":7,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/posts\/21279\/revisions"}],"predecessor-version":[{"id":32419,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/posts\/21279\/revisions\/32419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/media\/32415"}],"wp:attachment":[{"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/media?parent=21279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/categories?post=21279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eces.org.eg\/en\/wp-json\/wp\/v2\/tags?post=21279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}