No ‘credit crunch' in the Middle East after Basel I, IMF paper finds

IMF headquarters in Washington, DC

Macroeconomic variables appear to be more dominant in determining credit growth than capital adequacy in the Middle East - regardless of variation across banks by nationality and ownership, a recent IMF research paper shows.

Despite fears of a significant reduction in the supply of credit following the implementation of the 1988 Basel I Accord - which require banks to hold capital in proportion to their perceived credit risks - Sami Ben Naceura and Magda Kandlib find in Basel Capital

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.