In a nutshell
- Public Development Banks (PDB), like any other bank, serve as a financial intermediary, yet with a strong developmental role. This brief provides an overview of PDBs in Egypt. The latter is of particular interest for two reasons.
- First, while PDBs have a long history in the Egyptian economy, their role and the intervention are rather limited. This applies to banks that were created during the socialist era of Nasser.
- Second, the largest share of the PDBs-related projects implemented in Egypt is undertaken by government-owned commercial banks, namely National Bank of Egypt, Banque Misr and Banque du Caire.
- Thus, the objective of this brief is twofold: first, to analyze how and why the role of PDBs can be played by public banks; second, to highlight the lessons that can be learned from the resilience of the Egyptian financial systems to the succession of crisis/disruptions.
![Public Banks and Development in Egypt: Overview, Issues and the Way Forward?](https://erf.org.eg/app/uploads/2022/11/1668505776_781_73628_nl_jasminfouad-150x150.png)
Research Fellows
Jasmin Fouad
Visiting Professor of Finance, Management Department School...
![Public Banks and Development in Egypt: Overview, Issues and the Way Forward?](https://erf.org.eg/app/uploads/2021/07/1625509413_811_79135_nl_moheb-150x150.png)
Authors
Moheb Said
Independent Researcher
![Public Banks and Development in Egypt: Overview, Issues and the Way Forward?](https://erf.org.eg/app/uploads/2020/08/1599052805_317_3284_aff_no_image-150x150.png)
Authors
Wesam Sherif
Researcher, American University in Cairo
![Public Banks and Development in Egypt: Overview, Issues and the Way Forward?](https://erf.org.eg/app/uploads/2015/12/1645603632_235_83899_nl_chahirzaki-150x150.png)
Research Fellows
Chahir Zaki
Chaired Professor of Economics, University of Orléans