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Book Cover
E-book
Author Gray, Simon (Simon Thorburn), 1957- author.

Title Are banks really lazy? : evidence from Middle East and North Africa / Simon Gray, Philippe Karam and Rima Turk
Published Washington, D.C. : International Monetary Fund, 2014

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Description 1 online resource (41 pages)
Series IMF Working Papers, 1018-5941 ; v. Working Paper No. 14/86
IMF working paper ; no. WP/14/86.
Contents Cover; Contents; Glossary; I. Introduction; II. MENA Overview; A. Macro, Monetary, and Financial Sector Developments; Tables; 1. MENA Real Growth Rates; Figures; 1. Private Sector Credit Growth; B. Credit and Banking Conditions; 2. Stylized Facts on Credit and Banking Conditions, MENA vs. Other Regions, 2007-2011; III. MENA Central Banks-Salient Features; A. Asset-and Liability-driven Central Bank Balance Sheets; B. Central Bank Balance Sheet Structures; 3 (A-E) Structure of Central Bank Balance Sheets-2007 and 2012; IV. Policy Decisions and Loan-to-Deposit Ratios
A. Government Actions and Loan-to-Deposit Ratios4. Evolution of the Share of Claims on Government to Domestic Claims, 2007Q1-2012Q4; 2. Financing of Government Deficit-2010-2011, Selected Countries; B. Central Bank Actions and Loan-to-Deposit Ratios; 5. Evolution of Central Bank Net Foreign Assets to Total Assets in MENA, 2007Q1-2012Q4; V. Balance Sheet Structures of MENA Commercial Banks; 6. Evolution of Loan-to-Deposit Ratios in MENA, 2007Q1-2012Q4; 7. Evolution of Real Deposits and Credit Growth MENA, 2008-2012; 8. Flow of Funds of Banks' Balance Sheets
3. Changes in Credit to the Private Sector, Government Claims, and Balances at the Central Bank, 2007-2012VI. Conclusions; References; Appendixes; I. Definition of Variables; II. Illustrative Balance Sheets for Government and CB Actions and Policies; Appendix Tables; 1. Government Borrowing-Funding by Non-banks; 2. Government Borrowing-Funding by Banks; 3. Central Bank Purchases of Foreign Exchange; 4. Quantitative Easing; 5. Monetary Financing
Summary We investigate whether low loan-to-deposit (LTD) ratios and high levels of reserve balances at the central bank (or holdings of government securities) are a reflection of policy-driven factors compared to commonly cited reasons of reluctance to lend or sometimes weak investment demand in uncertain environments. We examine changes to central bank (CB) balance sheet structures as well as commercial banks' flow of funds over the period 2007?2012. First, Middle East and North Africa (MENA) CBs play an active role in view of their size that is very large with respect to their economies compared to
Bibliography Includes bibliographical references
Notes Print version record
Subject Banks and banking -- Middle East
Banks and banking -- Africa, North
Banks and banking, Central -- Middle East
Banks and banking, Central -- Africa, North
Credit -- Middle East
Credit -- Africa, North
Banks and banking
Banks and banking, Central
Credit
North Africa
Middle East
Form Electronic book
Author Karam, Philippe D., author.
Turk Ariss, Rima, author.
ISBN 9781484387009
1484387007
1484386469
9781484386460