The Impact of Restructuring Principal Bank for Development and Agricultural Credit (PBDAC) on Financing the Agricultural Sector in Egypt
Abstract: In 2016, PBDAC has been restructuring into the ABE and become one of the commercial banks. After 5 years the major question is what is the impact of the restructuring on credit policy and the agricultural sector?. This paper aims to measure the impact of restructuring on the number of loans directed to the agricultural sector by using Piecewise Linear Regression. The total value of Agricultural loans was decreased gradually from 1.97 billion in 2009/10 acres to 1.07 billion acres in 2019/20. While there were a decrease was rate of change in the area covered by agricultural credit was estimated over the study period to reach -38% compared to -5.5% after restructuring. This means the rate of decline in credit-covered areas during the first period is greater than the rate of decline after the bank's restructuring. ABE has retreated from its role since its inception in the form of an agricultural credit bank that provides the farmer with all the needs of various types of agricultural lending and services. So reviewing the credit policy issued after the restructuring included reducing the financing ratios of some agricultural projects compared to the previous policy before restructuring.
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Publication year 2022
Availability location http://www.ashwinanokha.com/resources/ijeb%20v21-1-2022-5-Doaa%20Sliman.pdf
Availability number
Organization Name
serial title Indian Journal of Economics and Business
Web Page
ISSN ISSN No: 0972-5784
Author(s) from ARC
Publication Type Journal
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