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balance sheets. Looking forward, it is vital that economic recovery in Europe is not constrained by an impaired banking sector …. This paper provides an overview of the drivers of the stagnation of bank lending in Europe and discuss four main areas of …
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During the pandemic, African banks rebalanced their portfolio towards sovereign assets, and crowding out of credit to private sector intensified. Policy support, however, averted a credit crunch. The increase in public debt across Africa due to the COVID-19 crisis intensified crowding out of...
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