How can banks be further incentivised to lend to small and medium-sized enterprises (SMEs)?
How can banks be further incentivised to lend to small and medium-sized enterprises (SMEs)?
The success with which Egypt’s banks have increased their deposit base against the backdrop of political unrest and economic uncertainty is good news for the sector. According to a recent report by Lebanon’s Bank Audi, total deposits rose by 20.6% in 2013 to reach $189.2bn, an expansion more than double the size of that seen in the previous year.
What do you see as the most important priority for stimulating higher levels of growth?
How can bilateral trade with the US be increased, and what are Egypt’s competitive advantages?
Given Egypt’s structural fiscal deficit, and the time required to carry out the necessary reforms to resolve it (see analysis), the nation has been compelled to seek external assistance in order to meet its budgetary commitments. A long-term financing arrangement offered by the IMF in the wake of the 2011 revolution has been the subject of heated political debate over...
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