procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …

Lebanon’s credit growth in 2008–10 has been concentrated in trade and services, household loans, and the construction … in 2008 led to a rebound in economic activity that, together with a real estate boom, fueled credit demand …

loans are. The chapter is organized as follows: section II.B discusses credit developments in the last decade and factors …-country experiences with policy responses to rapid credit growth of foreign currency credit and discuss recent policy measures taken in …

micro-entrepreneurs, with credit unions providing mostly consumer finance and an underdeveloped microfinance sector. The … authorities aim to develop a micro-credit act to make it mandatory for multilateral investment funds (MIFs) to register, and to … sufficient coordination, and the partial credit guarantee scheme needs to be revamped. It also operates a partial credit …

rapid growth in private sector credit. Bulgaria has made good progress on its structural reform agenda, but an intensified …